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This is episode 153 of You, Me, and BTC – your liberty and Bitcoin podcast!
First up today, we’ll cover Bitcoin, oil, and volatility. According to CryptoCoinsNews, Bitcoin was actually less volatile than oil over the past year. This might seem crazy because many people used to bash Bitcoin for having too many price swings, but it’s probably a good sign.
Then after that, we’ll jump into a related discussion about OPEC and market manipulation. The organization is famous for trying to raise oil prices by cutting production. And even though it seems so backwards to interfere like that, the group actually seems to profit from it. Theoretically, that kind of cooperation and manipulation could happen in a truly free market, so we’ll chat about ways to avoid such dangers.
Tune in for an exciting economic discussion! Your hosts are Daniel Brown, Tim Baker, and John Stuart. Enjoy!
Leave a comment and tell us how you think a free market should handle successful manipulators!
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