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Monetary Dynamics and Bitcoin's Evolution
This chapter explores the expansion of the monetary base in response to the COVID-19 pandemic, emphasizing the implications of significant future increases and the historical context of monetary policies. The discussion also investigates the relationship between Bitcoin and fiat currencies, reflecting on Bitcoin's potential as a secure alternative for personal finance amidst changing economic dynamics. Additionally, the chapter delves into the role of stablecoins and CBDCs within the financial system, highlighting the challenges and skepticism surrounding their implementation and effectiveness.