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92. The Fiat Standard book launch

The Bitcoin Standard Podcast

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What Is a Full Note?

There's only one full note that is able to decide everything on the entire network. Can decide monetary policy for everybody in the entire work andand that's the us. Federal reserve. In bit coin, these notes can just verify your own payments, but they can't verify everybody else's payments. And most importantly, of course, none of it can make decisions on the er monitory policy of teata. Nobody can decide how much fia you want to have in your economy. So there really is something like a note, although not a full note. Is the central banks, most of them, are like notes in that they get to decide on their own side chaine, which

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