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The Bitcoin Standard Podcast cover image

193. Broken Money with Lyn Alden

The Bitcoin Standard Podcast

NOTE

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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