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The Power of Bitcoin: Joe Burnett on Saving Wealth at Scale & Hyperbitcoinization

The Bitcoin Matrix

00:00

The Benefits of Bitcoin Volatility

Bitcoin went from like $1,000 to $20,000 in like one year. That's extreme upside volatility. The only people that can hold Bitcoin after it falls 80%, 70% are really like the die hard believers who don't understand what Bitcoin is. So there's just such a lack of cell pressure after these bear markets that any spark and demand, any sort of potential catalyst is enough to start drifting the price up.

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