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13min chapter
Should the U.S. build a national strategic bitcoin reserve?
The Bitcoin Frontier
Bitcoin: Investment or Currency?
This chapter examines the dual nature of Bitcoin as both a desirable investment and a potential medium of exchange. It highlights how the preference for holding Bitcoin for future gains undermines its utility in transactions, creating a paradoxical situation. The discussion also addresses the challenges of predicting Bitcoin's value amidst its volatility, raising questions about its classification as a commodity and the implications of its scarcity.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode