Money Minded #42 Decoding crypto: comparing the Fiat system to the Bitcoin solution (part 1)
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In the first of a two-part discussion, Ryan and Terry set the stage for a like for like comparison between the centralised Fiat system and Bitcoins Blockchain alternative. in a wide-ranging discussion, they turn back time to answer two critical questions. First, how we got here, and second how it's working for us.
Also in this episode:
- The three functions of the fiat system (and the pros and cons of each)
- How and why government came to be involved with money
- Why 'The Fed' and its network of central banks aren't in charge - and who is
Show notes
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