Misconceptions of Crypto
Noah and Ryan discuss the misconception that scarcity creates value in crypto, highlighting the role of volatility and the reluctance to use bitcoin as a currency due to its fluctuating price. They draw parallels to gold and emphasize the importance of considering long-term appreciation when deciding to use bitcoin for transactions.In this clip
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140 - The Future is Fiat | Noah Smith (Noahpinion)
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