This is the first paper Egyptian pound, issued in 1899. It was redeemable for 7.4 grams of gold.
Today, 7.4 grams of gold are worth 12,000 Egyptian pounds.
Fiat money is a plague that has ruined our planet.
Watch as Peter Zeihan falls into several basic traps in his understanding of bitcoin. Note his level of self-confidence.
No opinion is always better than revealing your own ignorance.