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Bitcoin and Prosperity with Samson Mow (WiM275)
The "What is Money?" Show
Bitcoin Is Not Taking the Place of Money, Right?
If money is just an abstraction, then obviously the more abstract it is, the more useful. But the problem with abstraction is you're in the realm of just ideas, which are infinitely replicable. So you can't, there's no scarcity, right? There's a double spend of inflation. That doesn't work for money. Right? Obviously you just get hyperinflated.
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