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1eyedmonkey Channel
Dion
94 episodes
1 week ago
Tech & Gadget News
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Technology
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Technology
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Gradually then suddenly book discussion
1eyedmonkey Channel
13 minutes 54 seconds
2 months ago
Gradually then suddenly book discussion

Parker A. Lewis's "Gradually, Then Suddenly: A Framework for Understanding Bitcoin as Money," introduces Bitcoin as a **superior monetary system designed to address the inherent flaws of fiat currencies**. The author and foreword writer, Marty Bent, highlight the **2008 financial crisis and subsequent quantitative easing as catalysts for the creation and adoption of Bitcoin**. Lewis argues that **money is a fundamental necessity that should provide a constant store of value, a characteristic he attributes to Bitcoin's fixed supply of 21 million units**. The book is structured into sections covering Bitcoin's **fundamentals, debunking common misconceptions, and comparing it to the US dollar**, ultimately proposing that Bitcoin will lead to a "Great Definancialization" by promoting saving over speculative investing. The essays, originally published between 2019 and 2020, aim to **guide readers in understanding Bitcoin through reason and logic**, rather than simply convincing them.

1eyedmonkey Channel
Tech & Gadget News