
133 - A Brief History of Inflation In The Roman Empire
No Dumb Questions
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Cryptocurrency
In a true fiat currency, whereeither the physical value isn't tied up in the coin, i can just issue more coins, there you go. And so that's, that's an opportunity for a government to do that. However, if we have a crypto currence... I thought it was like magic money at that point, magic digital money. But what i'm realizing now is it doesn't actually have anything backing it other than math. So we still depend on the, hey, i trust and you trust that this has value. Merit hat is also the case with silver and gold, yes? Oh, oh, dang. Man. This is crazy.
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