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24 - Exploring the Frontier | Erik Voorhees

Bankless

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The Clash of Money: Central Planning vs. Capitalism

This chapter examines the fundamental conflict between central planning and capitalism, specifically addressing the implications of fiat currency in the U.S. economy. It explores the public's reliance on a centrally controlled monetary system and the socio-economic factors that contribute to this dependence, while also analyzing perspectives on cryptocurrencies as potential alternatives. Through discussions on the nature of money, the chapter highlights the risks of fiat currencies and the evolving attitudes towards self-sovereign currency systems.

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