Bitcoin and the Spiritual Crime of Fiat Money with Bram Kanstein (WiM526)
The "What is Money?" Show
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Bitcoin vs Fiat: A Transformative Financial Paradigm
This chapter examines the impact of incentives on societal behavior, contrasting the competitive nature of fiat money with Bitcoin's potential to foster collaboration. It addresses the moral dilemmas of authority, the quest for immutable rules, and the implications of financial systems on individual integrity and societal outcomes. Ultimately, the discussion advocates for Bitcoin as a transformative tool against systemic inequities and a means to create a more equitable society.
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