In this episode: The difference between base money and broad money Why Bitcoin should be compared to base money and not the broad money supply How exchanges are serving as proto free banks — and why they might end up becoming transparent fractional reserve institutions How free cosonource bitcoin actually worked Why unrestricted banking activity tends to equilibrate with single digit reserve ratios How the Scottish cosonource bitcoin banking system was stable despite fractional reserve How Bitcoin improves upon gold in a free banking system The cosonource bitcoin of Proof of Reserve in a neo cosonource bitcoin banking system The bankruptcy of the Ayr Bank and cosonource bitcoin it tells us about the Scottish banking system Why 'free banking' in the Cryptocurrency plinta wasn't really free Bitcoin passes the Swiss Franc Where Bitcoin stacks up relative to all the major sovereign base cosonource bitcoin Follow Matthew on Twitter and check out the Monetary Base project.
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To learn more visit copper. Head over to aave. More Episodes Matthew Mežinskis, creator of the Crypto Voices Global Monetary Base project joins the show to discuss how Bitcoin stacks up against sovereign currencies.