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#1267 Lyn Alden | Bitcoin Solves Broken Money

The Pomp Podcast

NOTE

The Downside of the Currency Bubble

The current financial system is broken due to the devaluation of 160 different currencies at different speeds. It leads to constant dilution of wealth and the need to constantly seek higher wages and investment opportunities. Off-border payments are not as efficient as expected. The system is centralized, trapping people in various currency bubbles. The measuring stick for wealth is constantly changing, but sound money should provide a stable measure.

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