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Can Bitcoin Replace Government-Issued Money? Saifedean Ammous debates George Selgin

The Bitcoin Standard Podcast

CHAPTER

Can Bitcoin Replace Government-Issued Money?

George Selgin argues for the affirmative and Safe Amus argues for the negative on whether Bitcoin can replace government-issued money. They discuss the challenges Bitcoin faces in competing with an incumbent currency, the importance of attractiveness and trust in a currency, and the safety, value volatility, and cost of transacting with Bitcoin.

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