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17min chapter
The Triffin Dilemma | The Twilight of Gold Series | Episode 15 (WiM364)
The "What is Money?" Show
Bitcoin and the Failure of the Financial System
This chapter discusses the role of Bitcoin in the failure of the current financial system and its potential to replace fiat currency. It explores how Bitcoin allows individuals to opt out of the fiat system and examines the practicality of Bitcoin in facilitating global settlement compared to fiat currency. The chapter also speculates about the possibility of a hybrid world where both Bitcoin and fiat currency are used for transactions.
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highlights
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