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Bitcoin, Value Investing & The Automation of Money - Bill Miller IV (THE Bitcoin Podcast)
THE Bitcoin Podcast
Bitcoin as a Code-Based Accountability System
Bitcoin serves as a superior accountability mechanism compared to fiat currencies, which rely on subjective value determined by authority and the implicit threat of violence. In contrast, Bitcoin's value is supported by its underlying code, establishing a more transparent and reliable monetary system. This technological advantage positions Bitcoin uniquely, especially in a context where the United States attracts a significant number of immigrants due to its perceived opportunities and freedoms.
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