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Currents 094: Matthew Pirkowski on Blockchain Consensus Mechanisms

The Jim Rutt Show

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The Importance of a Good System

I think that the coordinating signaling modality should absolutely minimize the store value attribute. And hence, investing in Bitcoin and at least holding it raw is a fundamentally antisocial thing to do. If our dollars were deflationary, it would literally make sense for us to take $100 bills and stick them into mattress. So this is actually somewhere where I will significantly diverge from anyone you might consider someone like a Bitcoin Maximus or whatnot.

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