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#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles
Lex Fridman Podcast
The First Capitalist in the World
Property is information, it's not the actual asset. And then it comes down to how do we organize ourselves such that property, that the contributions people are making are commensurate with the consideration they're receiving. The first capitalist in the world would be the guy, the caveman, that maybe dug a little hole for himself to shield himself from the elements. Communism or socialism would imply that other people, typically the state have the rights,. at least some rights to the value you've created.
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