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Is Bitcoin a High Risk Speculation?
The only time at which Bitcoin is not going to be volatile is once it's fully adopted, he says. "In the current worldview, something is volatile and something that goes up," writes Peter Drexler in a new article for The New York Review of Books. 'We have trouble understanding Bitcoin because our understanding of money has been so crowded'
Preston Pysh talks with Luke Broyles about Bitcoin's impact from a monetary historical perspective. Luke has been creating a lot of great content around why Bitcoin is so important, how we're at the start of the information era, and why scarce digital monetary units are so vital at such a point in time.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
05:32 - An overview of monetary history.
12:54 - Hyperinflation examples and boom bust empires.
11:17 - Why we might be at the end of an era.
47:32 - The global game theory.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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