The Bitcoin Standard Podcast cover image

27. The Underlying Technology Behind Fiat Standard

The Bitcoin Standard Podcast

00:00

The Dollar Is Good for Saleability Over Time

The dollar is used in the majority of international trades. It's useful for saleability across space, but it's not very good for maintaining central bank reserves. So you can't just have a system where we only have one currency. And then within fiat currencies, they need to diversify their resources.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app