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David Friedman - Dating Markets, Legal Systems, Bitcoin, and Automation

Dwarkesh Podcast

CHAPTER

Digital Cash Evolution: From eCash to Bitcoin

This chapter explores the insights from a 2008 book predicting digital currency trends, contrasting the centralized vision of eCash with Bitcoin's decentralized approach. The discussion highlights the challenges of Bitcoin's volatility for everyday use and suggests stable coins as a more practical alternative. Additionally, it delves into the role of smart contracts and regulatory implications in the evolving landscape of cryptocurrency and technology.

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