The Jim Rutt Show cover image

EP70 Art Brock & Ferananda Ibarra on Currencies

The Jim Rutt Show

00:00

The Importance of Cognitive Maps in Currency Design

The currency has to map well to the social frame. If it doesn't, then you're going to cause too much cognitive overhead of trying to like have people remap. It's not an exchange type of social contract. What it is in this case is neighbors investing in living in a neighborhood where neighbors treat each other well.

Play episode from 21:52
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app