5min chapter

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Palladium Podcast 58: Will Crypto Eat the World?

Palladium Podcast

CHAPTER

Cryptocurrencies and the Feedback Loops

Bitcoin's value is based on a consensus around the best store of value, or whatever it is that its thesis is. It has social contingencies but they are not as fragile as some people have suggested. The way i see this, this acceleration of progress isn't necessarily something getting away on us. I think in so far as it's moving, it's moving because someone is making it move. Someone someone wants, you know, bigger weapons, or more wealth, or now, more unication, or whatever. There's these innovations in how we govern human society that actually arioms are solid enough to survive through incredible upheavals in almost everything else going on in society.

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