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#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles
Lex Fridman Podcast
The Birth of Fiat Currency
Central banking was initially designed to be the custodian of gold. If we could have somehow sent gold across a telecommunications channel, there would have been no need for a central bank. So I think it's kind of idiosyncratic in that we just happened to end up here on this planet with a certain amount of gold.
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