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196 - 10 Timeless Lessons for Crypto Investors With Morgan Housel
Bankless
The Power of Compounding: Good and Bad
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The chapter discusses the concept of compounding and its impact on both positive and negative news, highlighting the gradual positive progress of societal improvements and the instant catastrophic effects of single points of failure. It also touches on the concept of entropy and the labor of putting things back together, emphasizing the continuous progress and improving quality of life even in challenging times.
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