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148. The Fiat Standard course final lecture: Can bitcoin & fiat coexist

The Bitcoin Standard Podcast

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What Happens if Bitcoin Continues to Exist?

This chapter looks at the potential possibility that Bitcoin continues to exist. It goes over some of the reasons why Bitcoin might not exist and provides an economic rationale for why these might not kill Bitcoin. What happens if Bitcoin continues to click along 10 blocks at a time making a new block every 10 minutes? How does the world adjust? How does Fiat money adjust? What happens to the institutions of fiat money that we have been discussing throughout this book and course?

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