Why Central Planning Always Fails | The Aneesh Karve Series | Episode 4 (WiM265)
The "What is Money?" Show
Proof of Stake Is Proof of Work
Jason Lowry: Bitcoin is a paper simulation of reality. We can move over here to proof of stake and create this whole meta-versal reality, right? But then you've just created a sophisticated video game that does not reconcile to reality in any true sense. And so he's failed at this before. He says politicians are like central planners who come along constantly with visions that are extracted from reality. They're saying "Things should be this way because I say so"
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