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28min chapter
Read_860 - Stone Ridge 2024 Investor Letter
Bitcoin Audible
Understanding Bitcoin: Value Beyond Currency
This chapter critically analyzes the misconception that Bitcoin is a transient novelty, emphasizing its foundational role in a global monetary system. It contrasts Bitcoin with traditional payments like Visa, illustrating how true value lies in its independence from any payment network. The discussion also critiques fiat currency practices, highlighting the importance of cultural values in fostering genuine economic growth and the transformative potential of Bitcoin-backed financial innovations.
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