148. The Fiat Standard course final lecture: Can bitcoin & fiat coexist
The Bitcoin Standard Podcast
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Bitcoin and the Rosy Transition Scenario
I believe a world in which we go back to hard money and savings appreciating rather than debt is possible. The only part of the economy that would remain wedded to government money would be government itself, he says. We are unlikely to see this develop smoothly and easily when these two fiat and Bitcoin monetary systems coexist with each other because of the likelihood of people carrying out speculative attacks. And Pierre Roshard has written a paper about how Bitcoin can be used to speculatively attack Fiat currency.
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