"This Giant Beast That is the…

max — Fri, 11 Aug 2023 15:16:21 GMT

"This Giant Beast That is the Global Economy" Is Money Bullshit? (TV Episode 2019) - IMDb
https://m.imdb.com/title/tt9617868/
#bitcoin #fiat #money

Kal visits a barter market in Spain to witness a cashless community in action, and has an economic misadventure with Melissa (it's not what you think). Or what about hoarding gold instead of stuffing your mattress with Benjamins? Kal visits a vault filled with the shiny stuff and learns all about how US currency was once backed by the gold standard until the US government declared that a dollar has value "by fiat" -- basically Uncle Sam's version of, "Because I said so." And then there is cryptocurrency. If you are looking for money that doesn't rely on banks or governments, you can go to the internet for a completely decentralized financial system. Kal seeks to understand the borderless world of mined money from the Crypto Castle in San Francisco, a bitcoin mine in Prague, a crypto-coin creator, and an early adapter whose fortune lies buried deep in a public dump in Wales. This episode includes appearances by Rob Riggle.