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2min chapter
The Game Theory of Bitcoin Adoption with George Gammon (WiM280)
The "What is Money?" Show
Is a Central Bank Digital Currency Really Voting Fraud?
A central bank digital currency is like a Bitcoin standard on steroids. It's the same thing just with more surveillance, tighter controls and less intermediaries. Central bankers can produce new units of fiat currency and then expend those into the marketplace to acquire things for themselves. That externalizes the cost of that acquisition onto people via inflation.
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