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193. Broken Money with Lyn Alden

The Bitcoin Standard Podcast

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Cautionary Tale of Rapid Adoption and Bubbles

The exponential growth of technology often leads to immediate leveraging and the creation of bubbles. People tend to invest without a deep understanding, leading to significant financial losses during market collapses. This cycle of hype, bubble, and collapse can deter adoption as people may perceive it as a scam. The slow process of rebuilding trust and adoption is crucial, especially in the face of powerful network effects in technology.

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