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21min chapter
BCB133_SAIFEDEAN AMMOUS: Austrian Economics & Brutal Takedowns
Blue Collar Bitcoin
The Evolution of Money: From Gold to Credit to Centralization
This chapter explores the advancement of technology in the 19th century and its impact on money, leading to the shift towards credit-backed by gold and centralization. It discusses the connection between money and the state, inflationary credit expansion, and the need for a reset back to the basics. The conversation also touches on the emergence of cryptocurrencies, the role of Bitcoin as sound money, and the risks associated with investing in altcoins.
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Discover
highlights
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