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Basics_02: Monetary History & The Rise of Bitcoin
Blue Collar Bitcoin
The Importance of Removing the Capacity for Anyone to Alter the Money
When we try to step into alleviate short term pain, the challenges that in the grand scheme of things, it ends up being more detrimental. In India, I think they had a type hand issue or some sort of snake issue. And so what the government did or the authorities did was put a price per head on snakes. So all that and it would just reiterate on incentive structures is all that happened then was people would actively go and farm these snakes. They ended up with a way bigger problem by their central intervention than what they had originally because people were breeding these things in order to come and turn them in. The gold standard as well, so when the gold was getting Rothbuds got
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