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AI Hype Vs. Reality 2024 - The State of Emerging Technologies w/ Salim Ismail | EP #115
Moonshots with Peter Diamandis
Embrace the New: Recognize the Potential of Disruptive Innovations
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Bitcoin's journey from obscurity to prominence highlights the importance of acknowledging and engaging with new technologies, even when initial skepticism abounds. Despite early excitement around digital currencies, past failures led to a cautious approach towards Bitcoin when it launched in 2009. Observing its gradual rise in value presented a significant psychological challenge for investors, illustrating how historical context and emotional attachment can influence decision-making. The rapid increase in Bitcoin's price from mere cents to hundreds of dollars underscores the necessity for individuals and investors to remain open-minded about emerging opportunities that may initially seem unconventional or risky.
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