43. Bitcoin and market efficiency
The Bitcoin Standard Podcast
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Stock to Flow - What's the Difference?
The majority of the use of silver is industrial. It's not a monetary metal. So I don't think you can count it in that way. And then with real estate similarly, yes, a lot of people use real estate as a store of value but they also use real Estate as a home. We probably have far more real estate than we would have in another world if people weren't investing in it so much.
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