6min chapter

"Upstream" with Erik Torenberg cover image

E46: Lyn Alden on How Money Works

"Upstream" with Erik Torenberg

CHAPTER

The Impact of Monopoly Breaking and Global Currency Competition

This chapter explores the concept of monopoly breaking in currency systems, discussing the limitations of centralized banking and physical ports of entry. It highlights how Bitcoin and stablecoins provide alternative options for decentralized payments and competition between currencies, potentially disrupting power dynamics and bringing long-term effects.

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