2min chapter

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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics

Lex Fridman Podcast

CHAPTER

You Can't Have It Be Decentralized.

I'm happy to give people the benefit of the doubts when they're over promising, but not when they're making their own money. You can't have it be decentralized. There's a lot of exciting developments and the scale at which those developments might actually have a transformative impact is unclear. It seems like we certainly over promise it. We dream too big and too aggressively in the AI community. But there's something fundamental and really powerful about both the small and the big things going on within the actual research and development within those communities.

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