148. The Fiat Standard course final lecture: Can bitcoin & fiat coexist
The Bitcoin Standard Podcast
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Is Bitcoin a Threat to Hyperinflation?
Bitcoin offers us an alternative monetary system available to anyone who needs it, making it like a safety net for hyperinflation. So as national currencies fall in value, Bitcoin is the safety net that allows users to continue to trade and engage in the division of labor. Rather than a threat that can destroy fiat money, Bitcoin may turn out to be the need technological solution that allows Fiat to unwind peacefully.
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