2min chapter

The "What is Money?" Show cover image

Responsibility as the Art of Freedom with Russell Lacour (WiM084)

The "What is Money?" Show

CHAPTER

The Great Promise of Bit Coin

A, and i agree with your point there, that the political ideologis, i think it was teleb that wrote about this, he talks about the scale variance. You need strong rules and reliable price signals at that level to cordinate people. So capitalism may have a dark side, as you're saying, but, ike, we haven't even run the experiment yet,. We've always had a coercion in the money, frankly. The great promise of bit coin is to just have a money that doesn't respond to coercion? Ye? Well, again, it's we've created a false sense of scarity, a scarcity in moneyand not in bitcoin and traditional feot

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode