Guy's Take_074 - Banks Without Bankers

Is Bitcoin destined to become another fiat system? Where we end up in a world where the dominant instrument isn't Bitcoin at all, but just more IOUs? Where Bitcoin substitutes replace real Bitcoin? Does it not just become another fiat system, or are there fundamental incentives and technological trends that prevent this and push us ever closer to total sovereignty? With smaller and smaller communities and institutions able to organize and exit in an independent way... where a Bitcoin world means a free world?

It's time for a follow-up to Eric Yake's and Axiom BTC's amazing piece, "Banks without bankers."

Get ready for another "Guys Take" episode.

• Keep an ear out for the 1000th episode of the show! I'll have details soon, you don't want to miss it.

• Follow AxiomBTC and Eric Yakes on Twitter

• Other great sources mentioned in this episode:

-The 7th Property

-Broken Money

-The Fiat Standard

-Freedom & Exit

• Found this and all the other great recommendations that I regularly share on the show on the Bitcoin audible page at Prodcast.io

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"Finish each day and be done with it. You have done what you could. Some blunders and absurdities no doubt crept in; forget them as soon as you can. Tomorrow is a new day. You shall begin it serenely and with too high a spirit to be encumbered with your old nonsense.” ― Ralph Waldo Emerson