2min chapter

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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics

Lex Fridman Podcast

CHAPTER

If Bitcoin Fails, What Would Be the Reason?

In real terms, Bitcoin appreciates much more than any company or government. I think the most likely reason that it could fail is governments go back on a gold standard. The possible trajectories of how the world evolves together with this new monetary technology is nearly infinite. If you're an alien visiting Earth 100 years from now and just were to analyze the situation,. what would be the reason?

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