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241. Austrian economics intro with The Bitcoin Way

The Bitcoin Standard Podcast

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Lebanon's Currency Collapse and Bitcoin's Promise

This chapter explores the collapse of Lebanon's currency as a case study in the failures of Keynesian economics and the inherent flaws in systemic monetary frameworks. It argues that while fiat currency leads to corruption and loss of purchasing power, Bitcoin represents a potential alternative that could foster individual agency and long-term planning. The discussion contrasts the oppressive nature of traditional banking with the advantages of a decentralized monetary system, emphasizing the importance of sound money for societal morality and behavior.

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