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What Does The Current Recession Mean For Bitcoin w/ Jimmy Song

Bitcoin Magazine Podcast

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Is There a Limitation in Incentive Structure in Politics?

The idea of public property is sort of a weird oxy mora, because if you look at the latin propria as one's own, how can something be public at one's own right? Like, you can't owno it's not owned by anybody. The people in charge of it don't own it, and they basically try to extract resources from it. You get very bad incentives when you combine public property with elected officials who want to extract value from public property. Li usually an inter interstate highway near you has been under construction for like, the last seven yearsand then those things never get finished. Why? Cause the incentives are off there. They're all looking at sort

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