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In this conversation, Kirk David Phillips and Robin explore the fundamental question of what gives cryptocurrency, particularly Bitcoin, its value. They discuss the nature of value in both fiat and crypto contexts, the evolution of money, and the significance of peer-to-peer transactions without intermediaries. The dialogue emphasizes the importance of collective agreement on value and the historical context of money, leading to a deeper understanding of the cryptocurrency landscape.
By Kirk David Phillips, CPA, CMA, CFE, CBPIn this conversation, Kirk David Phillips and Robin explore the fundamental question of what gives cryptocurrency, particularly Bitcoin, its value. They discuss the nature of value in both fiat and crypto contexts, the evolution of money, and the significance of peer-to-peer transactions without intermediaries. The dialogue emphasizes the importance of collective agreement on value and the historical context of money, leading to a deeper understanding of the cryptocurrency landscape.