Weekly Roundup 05/19/23 (Texas PoR bill, the Hinman test revisited, what's up with Worldcoin?) (EP.426)
On The Brink with Castle Island
The Future of Bitcoin
The idea is that everyone can just have some money out of the gate, which is sort of like a Russian voucher type of situation where you just give a bunch of vouchers to people. But what ends up happening is that people go around and they consolidate. So I just don't believe there's no way to design a scheme such that every human gets an equitable share of some new currency. It's not possible. The market basically has to determine it. You can't cheat the market.
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