8min chapter

The Bitcoin Layer cover image

Teaching Bitcoin Part 2: Hashing & Mining

The Bitcoin Layer

CHAPTER

Exploring the Triffin Dilemma and Bitcoin

This chapter examines the Triffin dilemma, focusing on the conflicts between commodity-backed and credit-based currencies during the Bretton Woods era. It also discusses Bitcoin's potential to serve as a hybrid solution, merging the characteristics of both currency types while addressing historical monetary challenges.

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