148. The Fiat Standard course final lecture: Can bitcoin & fiat coexist
The Bitcoin Standard Podcast
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Bitcoin Is a New Asset
As long as government cash continues to be horrible, then people will use these things as cash assets and as cash substitutes. Bitcoin is just a new asset that is added to this new long list. It does not depend on legal political institutions to function and its supply is strictly fixed. This is where it is different from all these other forms of cash. So if we look over the past few years, we see that Bitcoin's performance has been much better than all of these otherCash Substitutes.
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