Raoul Pal: Real Vision cover image

Balaji Srinivasan’s Network-State

Raoul Pal: Real Vision

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What's the Difference Between Charity and Investment?

Lhak: Charity and investment are both structurally similar, in the sense that there's a cue of people competing to get some rich guye to give them money. But with charity, each person's incentive is incentivized to be the most pathetic,. Lhak: In extremits, this leads to the scene in slum dog millionaire where, you know, the guide chops off the limbs of that kid so they're a more attractive beggar. The tech bio is, i've two degrees frome my tea, and i foundit a company at thisd it's like the insta brag, right? lhak: Tech narratives are the narrative for winning the charity game and

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