@thetrocro - A Philosopher Talks Bitcoin! #234
Once Bitten! A Bitcoin Podcast.
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The Inflation Is Insane
Alesd, i think this is a deep argument about bit coining. What kind of world results from accuracy in price signals and the inability to simply blow bubbles wherever power wants to distort those price signals? What does that world look like? And a, you know, because i don't have a super computer in my head, but just like the principle of it d as a philosopher, the principle would seem to be that accurate price signals would lead to more efficiency in production and more efficiency in more proper consumption,. So so that the whole economy should just do much, much better if all price signals are accurate.
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