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#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles
Lex Fridman Podcast
Bitcoin
I would argue that Bitcoin, it's kind of like the ideological synthesis of gold, taking the monetary properties of gold and combining them with the internet itself. In doing so, it has essentially perfected the properties of money. You can't get more divisible, durable, recognizable, portable or scarce than Bitcoin. The low level of transactions as possible with Bitcoin is a feature rather than a bug. It gives you higher degrees of assurance that your settlement or your trade has occurred with finality.
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