#32 - Jeff Booth: Bitcoin is the Answer to a Broken System
Closing the Loop
Optimizing for What's Best for the Users
If you're optimizing for GDP and doing so is actually furthering the suppression of productive increases to a very small few, you're actually optimizing for what's a terrible thing to optimize for. And even if you think you're doing the right thing, as many people do, you're doing almost the exactly wrong thing because you're optimized for something that makes everything worse. So that's why I use business examples in the book... Netflix example is a business example, but repeated over and over and over again. It's repeated in every technology innovation.
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