3min chapter

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#171 – Anthony Pompliano: Bitcoin

Lex Fridman Podcast

CHAPTER

The Role of the Hardware Wallet

There's three use cases for Bitcoin: store value, medium of exchange and speculation. The people who are speculating, they can't put it in deep cold storage because they need to be able to trade it. 60% of Bitcoin haven't moved from the digital wallet in which they sit in the last 12 months. And so these are kind of long term holders, right? These are the iron fist or as recently has become popular, the diamond hands.

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