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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
Lex Fridman Podcast
Is Bitcoin Too Volatile?
The value of your dollar doesn't change 40% overnight, 20% overnight or something like that. But it does go down reliably. It's going to go down by 40%. You can count on it. As Bitcoin grows, think about it as a liquid pool of money. One rich guy decides to get into Bitcoin. That's going to show up on the Bitcoin chart.
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