REPRICING THE WORLD IN BITCOIN w/ Jeff Booth
What Bitcoin Did
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The Cycles of Fear and Cryptocurrency
This chapter explores the cyclical nature of fear and risk in financial systems, drawing on historical banking practices and their consequences. It contrasts conventional credit-based systems with Bitcoin, emphasizing Bitcoin's potential as a decentralized currency that aids in escaping the pitfalls of perpetual debt. The discussion delves into the implications of wealth distribution, self-custody, and the transformative role Bitcoin could play in redefining value in a global free market.
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