#004 - Allen Farrington - Bitcoin Fixes Capitalism
The Peter McCormack Show
00:00
Reimagining Capitalism: The Bitcoin Revolution
This chapter explores the potential transformations within capitalism due to Bitcoin, contrasting it with traditional fiat systems. It discusses the decline of conventional finance as individuals seek direct control over their assets through decentralized means, emphasizing the importance of personal responsibility and self-custody. The conversation highlights the implications of this shift for financial intermediation, credit creation, and the overall banking landscape.
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