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Money, Cryptocurrencies, and AI: Exploring the Future of Finance with Chris Skinner (Ep. 234)

Data Science at Home

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The Advantages and Disadvantages of Cryptocurrencies

There are some potential advantages using crypto for example the cost of transactions is pretty much negligible with respect to what you're moving. A clear disadvantage of course is as we said before as we mentioned already like the fact that when something goes wrong you lose for example your private keys or wallet it's over. And in countries where there isn't a decent government then people actively move and morph towards cryptocurrencies because they trust them more than they trust the government. IFI: Who do you trust more centralized or decentralized entities, the network or the government?

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