If I were the devil, and fiat money was my tool.
If I Were the Devil and Fiat Money was my Tool
"If I were the devil, I would promote a system where money, the lifeblood of an economy, is controlled not by tangible assets, but by mere promises and the whims of policymakers."
- In this bonus episode of THE Bitcoin Podcast , I adapted " If I Were the Devil" -- a 1965 radio broadcast by Paul Harvey.
- If you like this sort of short-form bonus episode, share it with your friends, family, and strangers on the internet (and tag me).
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2 If I were the devil, I would promote a system where money, the lifeblood of an economy, 3 is controlled not by tangible assets or real work, but by mere promises and the whims of 4 policy makers.
5 I would persuade people to trust in paper, convincing them that these printed notes represent 6 real value, despite being backed by nothing more than government decrees, ever-growing 7 debt, and the threat of violence for non-compliance.
8 Then I would further abstract those flimsy paper notes, turning them into ones and zeros 9 that could be printed digitally, with a few entries in the central bank spreadsheet, without 10 the nuisance of a physical printing press.
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If I were the devil, I would promote a system where money, the lifeblood of an economy,
is controlled not by tangible assets or real work, but by mere promises and the whims of
policy makers.
I would persuade people to trust in paper, convincing them that these printed notes represent
real value, despite being backed by nothing more than government decrees, ever-growing
debt, and the threat of violence for non-compliance.
Then I would further abstract those flimsy paper notes, turning them into ones and zeros
Show notes & resources
"If I were the devil, I would promote a system where money, the lifeblood of an economy, is controlled not by tangible assets, but by mere promises and the whims of policymakers."
In this bonus episode of THE Bitcoin Podcast , I adapted " If I Were the Devil" -- a 1965 radio broadcast by Paul Harvey.
If you like this sort of short-form bonus episode, share it with your friends, family, and strangers on the internet (and tag me).
