In the first of a two part discussion, Ryan and Terry take the Fiat system down to the studs to figure out what it does and how it works (and doesn’t work). This sets the stage for part two where they’ll do the same with Bitcoin and the blockchain.
What you'll learn:
- How and why Government got involved with money
- The three functions of the fiat system (and the pros and cons for each)
- Why 'The Fed' and it's network of central banks isn't in charge - and who is