The "What is Money?" Show cover image

The Cosmic Dimensions of Bitcoin with Jeff Booth (WiM181)

The "What is Money?" Show

00:00

A New System Is Not Working, but It's Happening

Prices are just a way to communicate the cost of solving a problem. But if you have a system driving them up forever, clearly that's a huge problem beause you can't solve problems. And so when people talk about bit coin, a price always going up, that is a relative term,. Because they're measuring through the system, and they're thinking, an us ter system, i tow at really is happening. Yet we can't see it because we're in a different system. Well, yes. It's a systemic contradiction at that that we are. We've seen logy advances before, but not at thercrasy, ehto driven by energy storage and compute

Play episode from 01:00:44
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app