BTC126: Redeeming GBTC w/ David Bailey (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
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Bitcoin vs. Fiat: Trust and Fragility
This chapter examines the foundational differences between Bitcoin and fiat currencies, highlighting how Bitcoin's value stems from free market trust rather than centralized control. The discussion critiques government interventions like those seen during the Silicon Valley Bank collapse, pointing out their potential to distort economic realities and amplify risks in the banking system. Additionally, it explores the implications of current financial policies and emerging technologies on the banking industry, while questioning the feasibility of Central Bank Digital Currencies.
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