2min chapter

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#547: Balaji Srinivasan — Centralized China vs Decentralized World, The DeFi Matrix, Ascending vs Descending Trends, Bitcoin Mining as Energy Storage, Reputational Civil War, and Maximalism vs. Optimalism

The Tim Ferriss Show

CHAPTER

The Future Business Model of Governments

The smart version of fiat says he bit coin is volatile to day, but appreciating overtime. A flat coin would try to be as flat as possible in a time of money driven inflation. Allver all currencies trade against all other currencies. The order book is, each cell in the defy matrix, how that price is determined? How does is relate to the conset of the future business models of governments?

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