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Jack Mallers
Tetragrammaton with Rick Rubin
Liquidity is Key to Bitcoin's Value
The increasing acceptance of Bitcoin by various places signifies its growing presence in everyday transactions, but its true advantage lies in liquidity. Bitcoin allows for the transfer of substantial value internationally at minimal fees and in a matter of minutes. This capability underscores Bitcoin's role not as a direct replacement for traditional currencies like the dollar but as a competitor to central banks that determine monetary value. The ability to liquidate Bitcoin into major currencies quickly is pivotal in its function as a store of value and economic utility.
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