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Bitcoin is a Black Hole to the Global Banking System w/ Peter Dunworth

Blockware Podcast

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The Pushback to Bitcoin as Collateral

The idea of using bitcoin as collateral and creating credit off of it has been met with some pushback. Some have said that the concept defies the laws of physics when it comes to finance. Others say there won't be any credit in the future because no one is going to borrow money like they do now. The baking system will embrace maybe nine times soon maybe 10 20 30 years from now, he says.

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