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Guest Episode: Mises Institute with Jeff Deist: The Fiat Standard

The Bitcoin Standard Podcast

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The Origins of the Fiat Model

By drawing analogy with the constituent parts of Bitcoin, you can get very good insight into how fiat actually works. It's just an endless series of really patches and workarounds to make this system trudge along. But to be fair, it has stumbled along over the past few decades and it is kind of working. So it bears looking into what is it that makes it tick, why it works.

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