1min snip

Tom Bilyeu's Impact Theory cover image

The Philosophy of Bitcoin and How it Could Change the World As We Know It | Robert Breedlove (Replay)

Tom Bilyeu's Impact Theory

NOTE

Fiat Currency and Inflation Perception

The perceived increase in the value of assets is often an optical illusion caused by the decreasing buying power of a fiat currency. People tend to believe they are winning when the reality is their currency is devaluing due to inflation. Fiat currencies allow for arbitrary decisions to inflate the currency, creating a system where the value is controlled by human intervention rather than a physical entity.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode