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#1147 Matthew Ferranti | Harvard Says Bitcoin Is Sanctions Hedge
The Pomp Podcast
Bitcoin Volatility
Bitcoin's exchange price is super volatile. But we don't think of dollars as volatile, right? Cause it's like $1 buys you $1 worth of goods. It's just the amount of goods has changed. In terms of a dollar, yeah, that's eroded some because of inflation, but also in terms of it's moved around relative to other currencies. So I think no matter how you measure it, Bitcoin against X, whatever X is, I think you're going to find that that's very volatile," he said.
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