The thing that hit me the hardest was listening to an episode of The Bitcoin Standard podcast explaining how money is created when people go into debt. But debt has different costs for different people. If you have lots of equity you get debt cheaper than someone without much equity. This results in increasing inequality
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Did you read the book? Such a great read⚡️
Yeah. And the fiat standard.
To you think the fiat standard is really worth the read except for entertainment aka. having a good time while reading?
The first few chapters were good, but then he gets unhinged and goes down some tangents. It is quite cringe.
It's a pity because it could have been a great book to give people to introduce the need for bitcoin.