105. Fiat Money and Debt Slavery with Tom Woods
The Bitcoin Standard Podcast
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The Fiat Monetar System Is Not a Paper Money System
Fiat money is a system that uses the credit of government as the monetary medium. The vast majority of fiat money is digital, just like bitcoin. Some bid coins are made into physical wallets and physical coins, but the vast majority are digital. It's really credit money. It's not a paper money. And i don't want a government guaranteed standard. I want the separation of money and state. We've just lived through what canada just did to its own people with regard to money. That would be preposterous.
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