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Hedgeye NexGen: Building Wealth for Young & New Investors | Episode 9 | Cryptocurrency

Hedgeye Podcasts

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Historical Currency and the Rise of Bitcoin

This chapter explores the historical evolution of currency, from commodity money like Rye stones and wampum to the manipulation of government-issued coins. It highlights the shift away from the gold standard and introduces Bitcoin as a modern solution to the challenges posed by unbacked fiat currencies. The discussion emphasizes the significance of scarcity, value, and decentralized monetary systems through comparisons between historical practices and contemporary cryptocurrency.

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