Gold vs Bitcoin Debate Reaction, with Peter Schiff and Robert Breedlove - E424
Bitcoin & Markets
00:00
Understanding Fiat Currency
This chapter explores the intrinsic nature of fiat currency, its lack of tangible backing, and the implications of zero reserve banking. It further examines historical attitudes towards currency, the ongoing debate between the value of gold and Bitcoin, and the transition from traditional monetary standards to a credit-based economy.
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