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123. Adventures in Late Stage Fiat: Libya with Nasr El-Hadi

The Bitcoin Standard Podcast

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The Most Liquid Money

The us dollar is the most liquid money in the world. It's got far more liquidity than anything else, and it's easier to send across space than anything else. So when there is a financial crisis, this is the time when people don't want to take risks. And so that just mean, am, everybody around the world is buying dollars. The best way to get rid of your brazilian money, to buy things from foreigners, is to sell your bBrazilian money for dollars. I think about what is happening to all the fiace coins, you know, the turkish,. liras and the b Brazilians are trying to dump them as much as they can

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