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The Relationship between Bitcoin, Money and Trust with Omid Malekan
The James Altucher Show
The Financial Crisis Isn't a Crisis in Trust
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The exploitation of trust eventually reaches a point of crisis. In a currency, that's when you hit the point of high inflation. In a financial system, it's a financial crisis. Like what happened in two thousand and eight global was a collapse in trust in intermediaries which happened because we trusted them too much. If people had been more sceptical of the limen brothers of the world, then they never would have gone to the point where they could have collapsed the entire financial system. And many other governments decided to violate trust in currency in order to preserve trust, temporarily in the banking system. We've been paying the price for that ever since. It's no co dents that bitcoin
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