148. The Fiat Standard course final lecture: Can bitcoin & fiat coexist
The Bitcoin Standard Podcast
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Holding Bitcoin Offers No Yield
Bitcoin offers no yield and is therefore not held for its returns. Cash is held from according to Austrian economists. The reason we hold cash rather than just assets that yield returns is because the future is uncertain. In a world of no uncertainty where all your future income and expenditures are perfectly predictable, there is no need to ever hold cash.
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