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A conversation between Nassim Nicholas Taleb and Stephen Wolfram (July 2, 2021) [Part 1]

The Stephen Wolfram Podcast

CHAPTER

Bitcoin

With bit coin, it's all thits value on the lable ber people. Just if there's a bank in the wild west and it had a vault in it, and everybody just leaves the bank and they just say, forget it. It's going to turn into a ghost town. You lose the money as well. So bitcoin itself is a not particularly well engineered tocurrency. And you give me one nd. One seconde. Noo. I know of no other model than discounted cash flow to price anything you see. If there is an absorbing barrier, then it must have a use in between which u get up a coino. The use yet? Yes, talk

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