3min chapter

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#547: Balaji Srinivasan — Centralized China vs Decentralized World, The DeFi Matrix, Ascending vs Descending Trends, Bitcoin Mining as Energy Storage, Reputational Civil War, and Maximalism vs. Optimalism

The Tim Ferriss Show

CHAPTER

Is the Religion True Food Tabus?

There's often an active ingredient in some folk practice that we don't yet know how it works. For example, one thing sort of interesting is like acupuncture and bio electricity. The idea is this, bitcoin is short term, volatile, but shows immense long term appreciation. But over the long term, you can see it has had a huge drop in purchasing power. And just to think about that from an equation standpoint, if were to d dot like an order book, is probably not what i have in my imagination.

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