Ep 42: Antoinette Schoar on Decentralized Finance & Crypto
Brave New World -- hosted by Vasant Dhar
00:00
Bitcoin Is Just Replicating What We've Seeded in Other Financial Systems, Right?
In Bitcoin, the 0.01% of owners hold something like 26%. This is a 10-fold higher concentration or inequality than even US wealth distribution. In some sense, it's just important to understand that it indeed in the end, right?Bitcoin is just replicating what we anyway have seen in many other financial systems as well.
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