Bitcoin Exchanges: Centralization and Trust
Explore the rise of bitcoin exchanges and the paradox of centralization in a decentralized system. Nathaniel explains how these exchanges emerged as a way to buy and sell bitcoins, but ultimately became centralized institutions, undermining the original purpose of bitcoin. Discover the challenges of trusting these institutions with your money and the implications for the future of cryptocurrencies.In this clip
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EconTalk
Nathaniel Popper on Bitcoin and Digital Gold
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