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100: Explaining Bitcoin with Parker Lewis

The Bitcoin Standard Podcast

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Bitqin Volatilities Are Not Mutually Exclusive

On average, volatility is a necessary output of price discovery. When you have massive adoption waves withan elastic supply combined with a symmetric information in the market, a that tha volatility is natural. But even if small fraction of people find real signal, then they turn into long term adoptors. Explains why bitcoin's base always resets higher.

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