119. The Magic Money Tree - Interview With Isabel Oakeshott and James Melville
The Bitcoin Standard Podcast
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What's Interesting About Bidcoin?
Bidcoin is not as good as bitcoin, but it's better than the central bank disrencie. It allows governments to just create money and allow them to run out of credit. With bit when we have a very set algerdon says how much the money supply increases. With fiat, it depends on how much credit is created in every single period. And that's just very erratic. That's what sebedy sees happening in venezuela where they ran into the problem with their currency. They allowed themselves to be taken over by debtors who can't pay back loans. So i think cbd c just allows central banks to perform those functions. More efficient, essentially
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