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#171 – Anthony Pompliano: Bitcoin
Lex Fridman Podcast
How Does Bitcoin Pricing Work?
The price of a single Bitcoin would be $500,000. To reach a million, it would be double that. That's what the 20 trillion comes from. So if you then say to yourself, okay, how does the- The pricing kind of cycles work, right? Or the boom and bust cycles. Every four years, there is a programmatic supply shock,. meaning that in the beginning, 50 Bitcoin every 10 minutes was introduced into the supply. After four years of that happening every 10 minutes, it was cut in half. It went from 50 to now it was 25. In May 2020 got cut to 6.25. And I think when they do that, everyone will see
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