The Bitcoin Age with Nik Bhatia | Bitcoin Infinity Show #159
The Bitcoin Infinity Show
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The Credit Money Conundrum
This chapter examines the complexities of the financial system, with a particular focus on credit money and its necessity for continuous expansion. It discusses the implications of the Cantillon effect on housing affordability, the contrast between traditional monetary systems and Bitcoin, and explores the potential coexistence of both currencies. The narrative also highlights challenges within the current fiat currency system, analyzing the U.S. dollar's role in global trade and its connection to international economic dynamics.
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