Consequences of the Fiat System

Part of Module 1 of Bitcoin Diploma →

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Activity TypeDiscussion
Description

Participants take part in a Socratic discussion about possible consequences of the fiat system for individuals, society, and their country. They connect broad ideas to local history and personal examples, listening to differing perspectives and considering how monetary systems shape everyday life.

Objectives
  • Participants consider possible consequences of the fiat system through local, historical, or personal examples.

Procedure

Step 1

Ask participants to identify consequences individuals and society experience because of the fiat system.

Step 2

Ask about consequences in their country, its history, and how people were affected.

Step 3

Invite personal examples in an interactive session.

Discussion Questions

What consequences has the fiat system had in your country?