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SLP408 Jeff Booth Bitcoin’s Signal in the Noise

Stephan Livera Podcast

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Technology Is Bottom Up Adoption

Technology breaks the rules for the existing monopoly. And it offers better value to societyd and so the people closest to the monopoly reinforce the monopoly. The value, because it offers so much value to people who don't have that access, it moves from the bottom up. There's simply more people at the bottom than there are at the top. Once you, once you do that, the technology, justtechnology explodes, and the an advantage moves to to the new now. If you understand how capital moves, if yo understand how a free market moves to be able to make more money, then the natural incentives move to where people can make more money.

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