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#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles
Lex Fridman Podcast
Entrepreneurs - Is There a Way to Protect Against Creative Distruction?
Bukkah: Pain is the inarguable basis of being. No one I think, like someone may want to cut themselves to have an endorphin high, but no one wants to suffer would say. So as far as you need entrepreneurs that are exploring and you're trying to do something new, if you're a pioneer of any kind, you are courageously facing pain. You're willfully confronting it. It's not avoidable in that sense. But what he says is that capitalism, because we're building, we're increasing the capital stock of the world - which again, capital is the mitigation of risk. The accumulation of capital stock is the buffer against uncertainty for everyone
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