3min chapter

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Basics_02: Monetary History & The Rise of Bitcoin

Blue Collar Bitcoin

CHAPTER

We've Moved Away From Bear Forms of Money Into Fiat

In the last few hundred years, we've moved towards more centralization and centralized manipulation of money. The reason it transitioned this way is more because of a technological shortcoming of monies that emerged on the free market. Satoshi presented a solution that enables bear money that can be self-custered,. That can move at the speed of light, that can work on the internet - but I'm getting a little bit ahead of us.

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