What is Crypto For? Matt Levine Wants to Know
Bloomberg Crypto
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Bitcoin Is Not Someone's Debt
Bitcoin was designed to give a person an ability to send digital cash without using a bank. It's not so much doing that in the sense that like Bitcoin is not great cash because its value is volatile. But it is now, you know, it's as they say, a story value. "I think if you look at the crypto system now, it's like, well, there's a lot of leverage in this system," he says.
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