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Navigating Bonds and Bitcoin
This chapter explores the complexities of bond issuance and government financial strategies, particularly the transition from short-term to long-term bonds. It further discusses the historical evolution of the credit-based system, the role of Bitcoin in coexistence with traditional currencies, and the influence of financial institutions like the IMF and BIS. The conversation emphasizes the significance of understanding the interplay between economic policies, market dynamics, and the perception of value in our financial systems.