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EP #32 Why Cryptocurrency Is Still Relevant in 2023 w/ Bill Barhydt
Moonshots with Peter Diamandis
Is Price Just a Function of Demand and Supply?
Price charts for things like Amazon in the 90s when money was really cheap, it looks a lot like what was happening with Bitcoin and Ethereum at similar points in time. Things that move exponentially get an outsized price movement when the money supply is increasing. That's number one. And they also are more volatile to the downside. But believe it or not, it's the first two that in the early days are driving the price even more. The network effects and the money supply.
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