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152. Bitwage with Jonathan Chester

The Bitcoin Standard Podcast

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Bitcoin

When Bitcoin goes up, people are just so excited and then their imagination runs wild. So these emotional extremes to be able to regulate your emotions where that doesn't mean all of everything we know about economics is invalid now. The entire idea of people working together in a firm is going to be obsolete because we have blockchains. You can also think about the same thing with what's happening in DFI. They were saying, hey, give, give, risklessly deposit your money with us. And we're just going to take it and loan it out to people. But we have no regulation. It's both terrible, but also, you know, like sort of shows almost like the value

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