3min chapter

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#042 Black Swans, The End of Jobs, and Long Volatility with Taylor Pearson of Mutiny Fund

Smart Friends

CHAPTER

Cryptocurrency, Is a Vending Machine a Vending Machine?

Nixabo: Things that used to be expensive in analogue are going to get turned into soft ware. He says the idea of a vending machine is functionally a smart contract, right? I put a quarter in, i press cocacola. That initiates the transaction and it checks that the quarter was received. And then there's that big lock on the side that keeps you from staling a quarter. Nixabo: Youits kind of like the internet o take all these niches, it just weren't economically viable previously.

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