4min chapter

The Bitcoin Standard Podcast cover image

165. African Startup Cities with Magatte Wade

The Bitcoin Standard Podcast

CHAPTER

The Impact of Fiat Money on Senegal

Fiat money is too pronged or if you want it, it's two blades of the same scissor. And that allows these governments to continue to remain inefficient and not answer to the market. I mean, for in my mind, this is just completely insane that we're in 2020 and not everybody in the world has electricity because it's just such a trivial thing to make happen. Seth: If we get one place to do the right thing, then maybe with maybe all of us can escape this through imitation.

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