Bitcoin and Financial Culture: A Shift in Investment Philosophy

The chapter delves into the evolution of Bitcoin within traditional finance, focusing on the alignment of investment philosophies with Bitcoin and the increasing interest in the cryptocurrency. It explores a unique financial firm's long-term investment culture that contrasts with the industry's short-termism and its relevance to Bitcoin's principles. The conversation also touches on ethical considerations in investing, the concept of capital as economic potential energy, the nature of fiat money, and a comparison between Modern Monetary Theory and Bitcoin.

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