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The Use of Financial Repression | The Lyn Alden Series | Episode 2 (WiM190)
The "What is Money?" Show
Is the Fiat Currency Really Opaque?
Fiat currency makes your domestic monetary policy vulnerable to the monetary policy of your craziest neighbor. The perfect form of money would be like if you could just mentally tell a poor gold to each other, and you o never forget your passwords. bitcoin gets closer to the ideal money than gold was, assuming it can hit some sort of critical mass intos liquidity and yet unstoppability.
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