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162. Fiat Architecture with Michael Diamant

The Bitcoin Standard Podcast

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Bitcoin and the Incentive Problem

"What works for you because of fiat money as a bureaucrat does not necessarily work for the citizens of the city," he said. "Incentive problem is very good because that's one strategy to get things right, to create the right incentives" He added: "As long as it works, I don't invest time in it. Because investing time takes away from my daily life."

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