148. The Fiat Standard course final lecture: Can bitcoin & fiat coexist
The Bitcoin Standard Podcast
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Central Bank Digital Currencies Are a Real Threat to the Private Banking Industry
If central bank digital currencies go ahead in the way in which they are imagined, everybody has a bank account with the central bank. The biggest loser would be the private banking industry because banks aren't exactly walkovers. It makes it more likely that we get hyperinflation. This is just no limit on how much you can create more of it. And there's no credit cycle to purge the excess money creation every few years.
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