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37. Art on The Bitcoin Standard

The Bitcoin Standard Podcast

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Why Art Is How Fiat Influences Art Under Fiat Money

Under Fiat money, people look for anything with any element of scarcity as a store of value. Even modern artists can't make art at an inflation rate that is faster than the Fed can make money. Instead of keeping your money in a saving account, you know, you diversify by looking for other stores of value. You buy property and you buy gold and you buy art. That's another aspect of it.

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