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BTC003: Bitcoin & A Deflationary World w/ Jeff Booth (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

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The Evolution of Bitcoin: From Store of Value to Functional Currency

This chapter explores Bitcoin's transformation from a mere store of value to a functional currency suitable for transactions. It discusses the increasing acceptance of Bitcoin in financial markets, the innovative potential of technologies like the Lightning network, and their implications on transaction costs compared to traditional systems. The conversation also addresses the emerging interest from major financial institutions, the possibilities of using Bitcoin as collateral, and the societal impacts of its wider adoption.

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