148. The Fiat Standard course final lecture: Can bitcoin & fiat coexist
The Bitcoin Standard Podcast
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What Is a Speculative Attack?
A speculative attack is when you borrow a weak currency to buy a hard currency. Pierre Roshard was talking about it almost 10 years ago, he says. "It's extremely astute and extremely far reaching in its implications" 'You're effectively using your financial way to pile on the differential between the two monetary systems'
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