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CD102: Bitcoin is the Best Money with Adam Back and Jack Mallers

Citadel Dispatch

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The Volatility of Bitcoin

"The world doesn't understand basically the way money works today," he says. "No one knows how to price anything because the Fed just mismanaged everything." Bitcoin's price is not based on cash earnings, like Apple could be volatile,. But yeah, but I think there needs to be like you need to divide Bitcoin's not a company. It's not an equity and it's not a stock", writes Jon Wertheim.

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