An intro to Bitcoin and fiat.

Fantastic and clear explanation how fiat works, and the role of Bitcoin in this.

I was supposed to be like you after I was born, but now, I became just the opposite: fully elastic and soft money. I am controlled by my lords, who are people with emotions not like your unemotional code, in government and central banks. They can print me at will: whenever they want and how much they want. That is what is happening these days, BRRR.

https://medium.com/@inauman/60-minutes-with-bitcoin-and-fiat-brrr-b8d314cfbdab

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