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38 - The World is Waking Up to Crypto | Raoul Pal

Bankless

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Interplay of Bitcoin and Ethereum in DeFi

This chapter explores the relationship between Bitcoin and Ethereum, focusing on their strengths and innovations within decentralized finance (DeFi). It emphasizes the importance of interoperability and collaboration over competition in the crypto space, while introducing Ethereum's unique capabilities through the 'triple point asset theory.' The discussion raises questions about the future of digital assets, the impact of nation-states on regulation, and the broader implications of blockchain technology for trust and verification.

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