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Basics_02: Monetary History & The Rise of Bitcoin
Blue Collar Bitcoin
What Is Money?
Money allows two parties to exchange without that kind of common need in what the other one offers. Throughout history, different periods have tried to prioritize different areas of this or different characteristics of money. And so I think that throughout history, it kind of ebbs and flows. Sometimes we move towards a more centralized form of money, whereby we're trying to take advantage of it. Then sometimes people are standing up and saying, hey, no, we want to move toward a more decentralized form of money.
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