6min chapter

The "What is Money?" Show cover image

Quantifying and Qualifying Decentralization | The Balaji Series | Episode 7 (WiM121)

The "What is Money?" Show

CHAPTER

Optimism and Maximalism Are Judged by Their Fruits

The saying is that revolutions are judged by their fruits. Net, you know, in terms of the run over 200 years or i think, i've got a lot of criticism of it to day,. We think we all do. But during its run, pretty impressive. The founding fathers, for their faults, built the united states of america and singapore. I not saying it's everybody's cup of tea for everything, but i think on net, you'd have to call it a win. That's why we do have multiple currencies around the world. There's certainly network effects, but there's also an anti-network effect because humans don't want too much power in one thing

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