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Bitcoin and the Power Projection Game | The Jason Lowery Series | Episode 1 (WiM124)
The "What is Money?" Show
Life Hedging Against Tail Risk
The weasel was employing a decentralized energy harnessing strategy, right? The dinosaurs were centrally dependent on the sun shining every day. Whereas the mammal could get energy from all or it could eat all kinds of things and heat itself indogenously. And that made all the difference once the sun actually did go out. So basically, life succeeds because it hedges against tail risk. Life is constantly mutating. It's got the tail risk covered. That will be the thing that succeeds in something that helps people understand, like cause, you see, it's its ucks.
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