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#26: Erik Townsend On The Intersection Of Distributed Ledger Technology And Global Macro Investing

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Future of Cryptocurrency

The real value of cryptocurrency tokens is that if I turn out to be wrong, the vision of the crypto community comes true where central banks don't create their own digital currencies. A lot of people have a lot of misplaced ideas that governments are powerless to do anything about cryptocurrency. It's simply not true. Governments can very easily outlaw the existence of a network like Bitcoin.

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