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Understanding Crypto 3: Eswar Prasad: Bitcoin, Banking, and the Future of Money

The Rational Reminder Podcast

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Decentralization of Bitcoin

At its core, bitcoin is truly decentralized. There is no single party that is authorized to validate transactions. But bid coins are the initial version of decentralized finance. Bitcoin can be traded on centralized exchanges. You can go to your bitcoin e t m and trog your bank account convert your us Dollars into bitcoin.

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