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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
Lex Fridman Podcast
Is There a Group of People in Charge of the Internet?
The only reason it survives in this and the reason I call these things scam is because they fraud you, little to present themselves as being in the centralized. They present themselves as just doing a different way of doing the centralization than Bitcoin when it's not. The Keynesian economist to Ethereum fanboy pipeline is a very strong onebecause it's the same thing. You like the idea of people being in charge and money and you think you're going to be that person. But that's a hypothesis. And basically proof of work is grounded in physics in the real world.
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