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Chat_121 - Surviving Bitcoin Adoption with Jack Spirko

Bitcoin Audible

CHAPTER

The Future of Money: Bitcoin's Role

This chapter explores the historical changes in money and the decline of hard money, while contrasting past saving practices with today's complex investment strategies. It delves into Bitcoin's simplicity as a financial system and critiques current consumer debt practices, discussing how financial institutions leverage interest rates to accumulate wealth. The speakers also examine the adoption of Bitcoin amidst traditional financial systems, addressing the dichotomy within the community regarding self-custody, ETFs, and the impact of major players in finance.

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