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Replay: Bitcoin’s Next Act

Stray Reflections

CHAPTER

Exploring Crypto Art, NFTs, and Bitcoin's Future

The chapter provides insights into the cultural movement towards risk-taking and interest in crypto assets, discussing unconventional valuation metrics across different asset classes. It touches on the evolving perception of NFTs and the challenge of determining a nonsensical price for Bitcoin, highlighting potential future scenarios for extreme price levels and stagnation. The discussion also covers the stock to flow model, potential risks like government regulations, and the psychology of Bitcoin holders in relation to traditional currencies.

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