3min chapter

The "What is Money?" Show cover image

How Bitcoin Will End Currency Counterfeiting with Michael Goldstein (WiM252)

The "What is Money?" Show

CHAPTER

Um, Is the Dollar a Nationalized Label?

The US dollar is no longer considered to be about 23 grains of fine gold. Instead, it's a brick of a single metallic element that means the same everywhere. Gold mints can monopolize those mints and then start stamping leaders' faces on them instead of thinking aboutGold as such.

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