Rohit Krishnan — Unleashing Curiosity (EP.136)
Infinite Loops
00:00
Is There a Difference Between Markets and Exchanges?
markets exist as this way for us to effectively create some form of impersonal trust-based mechanisms so that you can trade goods with each other. It incentivizes the front end where you have to have people figuring out what the purpose needs to be. And it could be things like the Watts engine, where like, I created something super cool and I think I can build a business around it. So there is a way in which we can use natural kind of language or concepts to try and understand why it spreads in some places but dies out in others.
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