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Freedom, Growth, and Responsibility with Robert Breedlove (WiM262)
The "What is Money?" Show
Is Bitcoin the Best Form of Money?
David Frum: Bitcoin is like the invention of the first pure money. He says commodities are bifurcated into their industrial use value and their monetary use value. If it's 20% industrial use in its market cap, that means it's roughly a 20% inefficient money, he says. And then when you look at Bitcoin through that same lens, you say, wow, this is the first Bitcoin's the first in many ways, right?
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