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Bitcoin is frequently compared to the Internet in 1995, and not without reason… but the inconvenient reality is that, for the most part, it’s more like a 1995 in which email is still slower and balkier than the post office. Decentralized programmable money may have huge theoretical advantages over our planet’s interlocking Rube Goldberg financial systems, just as renewable power has huge advantages over oil — but renewables don’t just compete with oil; they also compete with the trillions of dollars we’ve poured into oil infrastructure over the last century.

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