AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Understand Base Money to Understand Value
Understanding base money is crucial for grasping the value of fiat systems. Many people are aware of the finite supply of Bitcoin, yet the intricacies of fiat base money often remain overlooked. This ignorance can hinder informed discussions about economics. It's essential to dive into the nature of fiat base money, exploring its structure and the immense volume involved. By educating individuals about base money, particularly in relation to the broader financial context, we lay a foundation for more meaningful conversations surrounding currency and value.