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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
Lex Fridman Podcast
Is the Expansion of the Currency Always Bad?
The expansion of the money supply is just to put some terms on the table so we understand them. If you had put $100,000 in this house, you would have 305x return over 92 years. But if you had put it in a safe deposit box and buried in the basement, you'd lose 99.7% of your wealth. What we're doing is we're bleeding the civilization to death.
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