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Why Crypto Is A Losing Game w/Economist Peter Schiff EP 1208

The School of Greatness

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The Illusion of Bitcoin's Value

This chapter critiques Bitcoin's lack of intrinsic value, contrasting it with traditional assets like real estate and gold. It highlights the speculative nature of Bitcoin investments, warning of the risks associated with its volatility and potential market crashes. The discussion emphasizes the psychological factors influencing investors and the artificiality of Bitcoin's perceived scarcity.

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