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#1364 Jack Mallers | Bitcoin Could Hit $1 Million This Cycle
The Pomp Podcast
Maximizing Growth and Fair Returns
The unsustainability of economic activity through incomplete reserve systems is criticized. Investors are deterred by receiving suboptimal returns from lending capital to the government, as they fail to match the full growth of the economy. As a result, there is a preference to invest in assets like Bitcoin to realize the actual growth rather than settling for partial returns. The critique extends to debasing currency, high taxation, and lack of fair compensation, leading to a preference for investments offering true growth potential.
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