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Money: The Most Beautiful Lie? with Santiago Velez (WiM090)
The "What is Money?" Show
Bitcoin Is the Most Truthful Fiction in the World, Right?
Money is an imagined order, just like the nation or civil rights. But it seems to me that incentives are the prime mover of human action. And through that framing, bitcoin is like the most truthful fiction we've ever had. As more people understand that there's more fairness in this game, they're going to naturally migrate towards it. You're changing the behaviour in the old system, because those lies, like the lie of fiot currency and statism, doesn't pay as much any more. Inflation and taxation is declining. The market will naturally converge on those fictions that are ah most beneficial to the individual. So if you compare the fiot network with the bitcoin network
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