148. The Fiat Standard course final lecture: Can bitcoin & fiat coexist
The Bitcoin Standard Podcast
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The Impact of Bitcoin on the Supply of Fiat Currency
Bitcoin has a deflationary impact in that it leads to the reduction of the creation of dollars and fiat currencies. But for hyperinflation to happen, you need an increase in the creation of money. Bitcoin actually reduces the incentive for the creation of Fiat. This is effectively the punchline of this book.
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