How Money & Banking Work (& why they're broken today) - Lyn Alden
youtu.be
In this 30-minute explainer video, Lyn Alden takes a step back through history and looks into the intricacies of money and banking, offering an answer to an ...

An enlightening and high quality video on how money and the banking system work, why they are corrupted and what is the solution.

    • FuckyWucky [none/use name]@hexbear.netEnglish
      1·
      4 months ago

      Sole legal tender.

      Edit: I dare them to pay all Government employees in Bitcoin, demand taxes be paid in Bitcoin. It would be a funny experiment if it weren’t for mass unemployment and deaths that arise out of a recession.

      It would be funny trade wise too. No other country is going to accept Bitcoin as payment for real goods and services. So, the country will have to convert Bitcoin to USD at market price (which can swing wildly) and also hope the market has enough liquidity to handle it.