92. The Fiat Standard book launch
The Bitcoin Standard Podcast
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The Cost of Fiat
When fiancis valued, these 15 trillion dollars are hurting the poor a lot more than the perhaps it's accurate that the majority of that money is held by poor people. A sorry, is held by rich people, but it is a very tiny fraction of rich peoples wealth. It's a very high fraction of poor people's wealth. So this destruction of wealth that causes all the time is constantly leading wealth away from the world's poorest. That's one cost of fiat. And then there's the cost of economic distortion, all the financial crises that tiot causes. Then there's thecost of having all these insane governments all over the world able to spend and destroy things like our ability
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