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I Dismissed Bitcoin But THIS Changed My Mind | Tim Sae Koo | BFM156

Bitcoin for Millennials

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Rethinking Money and Inflation

This chapter examines the evolving nature of money, contrasting fiat currency with traditional forms such as gold and real estate, and highlights the implications of inflation on purchasing power. Through discussions on the Cantillon Effect and rising prices, it urges listeners to reassess their understanding of value versus nominal amounts. By exploring historical examples of hyperinflation and the need for alternatives like Bitcoin, the chapter emphasizes the importance of financial awareness in today’s monetary landscape.

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