Philosophy Resolves Conflict with Tuur Demeester (WiM159)
The "What is Money?" Show
00:00
Is Bitcoin Really a Power Projection Thing?
Larry is actually a huge bitcoin bowl. And when he, i think this is where he caught a lot of misunderstanding, when he described this as a power projection thesis. He's describing power more from a physic sense. We've needed what he calls cinetic power projection across history to establish property rights. That's the military, that's warfare or national orders. And he ewsed bit coin as an electrical power projection alternative for establishing property. It also explains why people in the middle ages, why there is so much superstition, because they maded the thig, thick layer of consensus to keep things of under wraps. Whereas with technology, been able to shrink that space
Transcript
Play full episode
