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Why Fiats Are Failing in 2020


From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?

Our main discussion: fiat failures, 2020 edition.

In this episode, NLW looks at a raft of geographies in which bitcoin has recently reached all-time highs, priced in the local currency. The story, he says, is about fiats floundering more than mispriced local bitcoin.

Special focus on economic happenings in Brazil, Argentina and Turkey.

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