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Nik Bhatia | Simply Bitcoin IRL

Simply Bitcoin

CHAPTER

Decentralization and Monetary Evolution

This chapter explores the crucial historical developments of the internet and the Eurodollar system that paved the way for Bitcoin's emergence. It contrasts the impact of decentralization on financial structures, particularly highlighting Citibank's foundational role and the complexities of shadow banking. Additionally, the narrative investigates innovations in currency governance and the possibility of redefining the U.S. dollar in a global context.

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