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510. What Problems Does Crypto Solve, Anyway?

Freakonomics Radio

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Decentralized Finance and Blockchain Evolution

This chapter explores the transformative potential of blockchain technology and its role in enabling a decentralized Web3, shifting control from corporations to users. It addresses the challenges of implementing cryptocurrencies and the implications of digital currencies like CBDCs on privacy, regulation, and financial inclusion. The conversation emphasizes the need for new metrics to assess the effectiveness of crypto technologies beyond speculation.

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