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#1267 Lyn Alden | Bitcoin Solves Broken Money
The Pomp Podcast
The Evolution of Money and Its Relationship with Technology
Money has evolved with technological advancements such as writing materials, the printing press, and the telegraph, shaping the way we handle transactions. The existing technology set and network effects associated with money have made it challenging to disrupt. Bitcoin and stable coins represent the latest wave of technological innovation that could potentially bring about significant growth. The association of money with the government and Nobel Laureate economist Frederick Heich's quote suggest the need to introduce alternative systems like Bitcoin to shift the balance of power in currency.
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