Bitcoin: The First and Last Engineered Money w/ CJ Konstantinos (WiM570)
The "What is Money?" Show
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The Illusion of Stability: Currency and Collateral
This chapter explores the philosophical and historical implications of currency detached from tangible assets like gold, elucidating how such systems are built on deception and ultimately lead to economic instability. It discusses the emergence of Bitcoin as a reliable form of collateral and critiques traditional financial systems, emphasizing the risks of depreciating fiat currency. The conversation forecasts a significant shift in lending practices and financial stability as the market evolves toward recognizing the value of Bitcoin over government-backed debt.
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