FTX and the Age of Fiat Money

In which we see the collapse of FTX’s token as a symptom of America’s abandonment in its own currency of the principles of sound money.

Twenty dollar bills are counted on June 15, 2018, at North Andover, Massachusetts.

Twenty dollar bills are counted on June 15, 2018, at North Andover, Massachusetts. AP/Elise Amendola, file

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