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Matt Odell: Survival

The Bitcoin Matrix

00:00

Bitcoin Is the Only Stable Coin

Tether is the only stable coin that doesn't have central counterparty risk. Tether has not been stopped yet, but they can literally just blow up tomorrow. Bitcoin is unique in its lack of counterparty risk because you don't have to trust a centralized party. For Bitcoin to succeed without counterparty risk, it needed to have a native bear token.

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