"Fiat money is the term for a medium of exchange which is neither a commercial commodity, a consumer, or a producer good, nor title to any such commodity: i.e., irredeemable paper money." Another great suggestion by @stephanlivera, we begin our dive into Hans-Hermann Hoppe's extended piece on the Devolution of money and credit, "How is Fiat Money Possible."  Don't miss an incredible read and fun discussion that follows. Don't forget to check out the vast collection of knowledge at Mises.org for this work and many more like it. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The conclusion of The Case for Electronic Cash by Jerry Brito.  Today we close out this amazing piece with the moral case for why we should not only refrain from demonizing and restricting digital cash, but we should foster and celebrate it! A huge thank you to Coin Center for this work, and don't forget to check out the incredible work they do. The original work can be downloaded here:  https://coincenter.org/files/2019-02/the-case-for-electronic-cash-coin-center.pdf Also, don't forget that there are tons of footnotes and references that I do not cover in the audio for further digging into this topic.  They can all be found in the full report.  --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message