3min chapter

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#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

Lex Fridman Podcast

CHAPTER

Milton Friedman and the Future of Cryptocurrency

This chapter delves into Milton Friedman's hypothetical views on cryptocurrency, considering its potential applications while revealing his skepticism regarding its capacity to supplant state currencies. It also discusses the historical tendency of societies to settle on a singular currency and the role of crises in driving major shifts in monetary systems.

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