fiat money
Coverage of fiat money in the Nexus archive.
- Former BIS chief softens stance on stablecoins, backs coexistence with fiat
Agustín Carstens stated that stablecoins can enhance financial inclusion and innovation, while emphasizing the necessity of global regulatory frameworks to allow coexistence with fiat money.
- Our Money System Wants You Dumb & Anxious (Here's Why)
The article discusses how the fiat money system exploits psychological and economic vulnerabilities, covering topics like the Cantillon Effect, extraction loops, and Bitcoin's role as a decentralized alternative with fixed supply and self-custody.
- How Bitcoin Proponents Maintain Faith in Non-Existent Money, Assets, or Value
The article critiques Bitcoin's value proposition through circular arguments and flawed analogies, arguing that Bitcoin is merely a protocol assigning numbers to keys without inherent value. It challenges the 'digital gold' analogy by highlighting that digital assets lack physical scarcity and that modern money represents obligations, not just numbers.