#080 Global Macro Trading in 2022 with Raoul Pal
The Layah Heilpern Show
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Is Bitcoin a Payment Rail?
The purpose of bitcoin is not to buy your goods, or certainly not now. But using block chain rails and biccon rails to power a payment system will be great for the crypto market. I don't think it massively helps the bit coin network because the use of slots on the block chain is relatively limited. It's only at the margin, drives active addresses all value exchange, which are the two things that drive the value of bick itself.
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