4min snip

The Defiant - DeFi Podcast cover image

The Most Rational View on Crypto with Noah Seidman, AKA Captain Rational

The Defiant - DeFi Podcast

NOTE

Bitcoin's Potential in a Changing Financial Landscape

Bitcoin possesses properties of a currency and is significant in its potential as an asset. Its value compared to other assets can be discussed, but all cryptocurrency assets are collateralizable. The crypto market size is small compared to the world, indicating a testnet phase. The journey towards mainstream adoption of cryptocurrencies is an interesting one, with the potential to disrupt nation states. Nation states may desire the properties of cryptocurrencies but are constrained by regulatory authorities, unlike Bitcoin. The decentralized nature of Bitcoin makes it an envy of nation states, as they lack similar governance. Web3's decentralized data approach, represented by The Graph, ensures data integrity and freedom. Users can easily engage in Web3 data processing with The Graph's services and community involvement opportunities.

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