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[S3E9] Layered Money with Nik Bhatia

Business Books & Co.

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What Is Bitcoin Like on Five?

Bitcoin is a numerical commodity. It's something that you can hold in your hand, except that the thing that you hold inyour hand is a number. That number represents a key to a piece of property on this network called the Bitcoin network. So when you hear the price of Bitcoin is at $20,000, that's the price of the unit of Bitcoin in the software, which is also called Bitcoin.

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