BTC200: Base Fiat Money and Bitcoin w/ Matthew Mežinskis (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
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Understanding Base Money and Bitcoin
This chapter explores the nuances of base money and its critical role within the financial system, highlighting the evolution of monetary transactions since 2017. It delves into the balance sheets of central banks, the shift in cash versus bank reserves, and the mechanics of real-time settlements. The discussion also compares market capitalizations across various assets, showcasing Bitcoin's remarkable growth relative to traditional currencies.
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