Yesterday’s Proof of Work – Chapter 4 Part II

Topic: What is Fiat Money & Who Controls It?

Yesterday, we successfully concluded Chapter 4 of the Bitcoin Diploma Course with another eye-opening and impactful session led by none other than James O'tudor, a passionate Bitcoin educator, political advocate, and founder of the Calabar Bitcoin Club in Nigeria. The session was moderated by our very own

Jetty Nakamoto, adding deep insight and coordination to the flow of discussion.

James took our Cohort 3 students on a deep dive into the realities behind Fiat money. He brilliantly broke down the concept of Fractional Reserve Banking, a system built on trust and debt, exposing how fiat currencies lose value over time due to inflation and continuous money printing. He also explained who truly controls this system —from central banks to financial elites—and the benefits they extract while the majority of people lose purchasing power.

The session then advanced to highlight the emergence of Central Bank Digital Currencies (CBDCs) and the growing risks of surveillance, financial control, and loss of individual privacy. James emphasized the urgency of Bitcoin education and the need for personal sovereignty in a world heading toward programmable money.

The class was interactive, inspiring, and deeply informative, with students actively engaging, asking important questions, and contributing their thoughts.

We are thankful to James O'tudor for sharing powerful knowledge and to Jetty for the consistent moderation. We continue to grow, question, and learn together.

"When you understand the rules of the system, you know how to break free from its chains."

#FiatTruths #BitcoinDiploma #FinancialFreedom #EndFiatDependence #BitcoinEducation #CBDCs #FractionalBanking #BitcoinSafariTz #KnowledgeIsPower #SoundMoneyNow