92. The Fiat Standard book launch
The Bitcoin Standard Podcast
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The Politics of Tia - Part 2
In the second part of the book, we discuss what teat money leads to. Imagine if you had a monitor system with one full note that can decide what all the other notes get to do and can't do. Thetfull knowds gold to be extremely powerful. And that's exactly what we see here in the case of the united states government and its a central bank. A mining fiat requires a license from e from your local node, which also requires a licenses from the main central note. Federal reserve doesn't like, you're kicked off the network. You can look at countries like heron and osgria who are bent from using the swift network for payment.
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