The Bitcoin Infinity Show cover image

Jonathan Leger on Bitcoin and the Cult of Fiat - Freedom Footprint 18

The Bitcoin Infinity Show

00:00

The Feedback Loop in a Fiat System

The psychology that gets built in a fiat system is the promise of more money. It promotes an attitude of lack of responsibility, which leads to irresponsible behavior. If you remove that system, the feedback loop begins and people realize there's something worth doing. The world would be full of amazing architecture from ancient times because no one knows how to make it anymore.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app