
Bitcoin Fixes This #72: The Fiat Standard with Saifedean Ammous
Bitcoin Fixes This
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What's the Key Concept in the Second Part of the Book?
Gold is not hard money when you start thinking about it across space. It needs the rails, it needs the settlement network that allows it to move around. Whoever controls the payment network effectively controls the gold. In a world of angels, those who have the ability to move the gold around are adding significantly to its value. But we don't live in a world of Angels.
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