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#168 – Silvio Micali: Cryptocurrency, Blockchain, Algorand, Bitcoin, and Ethereum

Lex Fridman Podcast

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Unraveling Blockchain and Money

This chapter examines blockchain technology as a decentralized ledger system that fosters transparency and trust in transactions. It discusses the evolution of money from physical goods to cryptocurrencies, emphasizing the social constructs that underpin value and trust. Additionally, it highlights the significance of scarcity in digital currencies, particularly Bitcoin, and how this impacts their acceptance and valuation.

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