Fixing Broken Fiat Plumbing – Bitcoin Magazine

This is an opinion editorial by Dan, cohost of the Blue Collar Bitcoin Podcast.

A preliminary note to the reader: This was originally written as one essay that has since been divided into three parts for publication. Each section covers distinctive concepts, but the overarching thesis relies on the three sections in totality. Much of this piece assumes the reader possesses a basic understanding of Bitcoin and macroeconomics. For those who don’t, items are linked to corresponding definitions/resources. An attempt is made throughout to bring ideas back to the surface; if a section isn’t clicking, keep reading to arrive at summative statements. Lastly, the focus is on the U.S. economic predicament; however, many of the themes included here still apply internationally.

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