Saifedean Ammous: The Fiat Standard & The Reversal of Civilization
The Bitcoin Matrix
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The Typewriter Economy Just Withers Away and Goes to Zero
As centra banks move toward centre bank di occurrencies with u b i and with money becoming digital, the banking system disintermediated. We go back to fiat as being basically printed money, but now it's digital. And a, you know, i think this a is going to make things ugly. It' going to make economic, it's going to ave a terrible economic impact. But in order to get to zimbabe and venezuela and lebanon teritory, there has to be a physical printer involved because that physical money gets printed and it stays printed. That's what central bank digital currencies are doing. They're essentially bringing the inflation of the printing press
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