2min chapter

The "What is Money?" Show cover image

The Game Theory of Bitcoin Adoption with George Gammon (WiM280)

The "What is Money?" Show

CHAPTER

The Market Process of Voting, Right?

We had a great conversation last time about the role of sound money and constraining government overgrowth. I think one of the places we wanted to start here was talking about the idea of voting, right? So what you buy is like a signal to the marketplace or a vote in the marketplace to produce more of that thing. And then what you sell is a vote to produce less of the thing. It's my opinion that that marketplace voting mechanism is much more of a grassroots democratic mechanism than what we traditionally associate with the term voting.

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