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BTC117: Bitcoin and the Start of the Information Era w/ Luke Broyles (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The Mona Lisa and Bitcoin
Oxygen is the most valuable thing in our lives that we could own, and yet we never pay for it. And so yes, demand is important, but supply, I would argue, is just as important and more important because if there's an infinite supply of a very valuable thing, it's price and relative terms to everything else, trends down forever. If you were to dominate the Mona Lisa in terms of oxygen, its value relative value just continues to appreciate. Bitcoin is designed to be an economic energy storage system that doesn't have an energy leak as a function of time.
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