Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

123. Adventures in Late Stage Fiat: Libya with Nasr El-Hadi

123. Adventures in Late Stage Fiat: Libya with Nasr El-Hadi

FromThe Bitcoin Standard Podcast


123. Adventures in Late Stage Fiat: Libya with Nasr El-Hadi

FromThe Bitcoin Standard Podcast

ratings:
Length:
94 minutes
Released:
Jul 26, 2022
Format:
Podcast episode

Description

In this seminar, learners at saifedean.com discuss the current state of the fiat monetary system as the world experiences the dollar strengthening and other fiat currencies weakening. Regular seminar attendee Nasr El-Hadi discusses the history and the current state of the Libyan monetary system, where the central bank has split into two central banks each issuing the same currency with a different signature, with hilarious and disastrous consequences. Find out what happens when fiat 'hard forks', and how bitcoin and stablecoins are serving as a lifeline for Libyans who have no functioning monetary or banking system in this incredible adventure in Late Stage Fiat!
Released:
Jul 26, 2022
Format:
Podcast episode

Titles in the series (100)

Saifedean's The Bitcoin Standard Podcast is the place to discuss Bitcoin and economics from the Austrian school's perspective. Listen to the weekly saifedean.com discussion seminar, where a group of learners from all over the world discuss the website's online courses, as well as a wide variety of economic, political, and social issues, and occasionally host special guests for the discussion. The podcast also includes the most interesting interviews conducted with Saifedean on other shows.