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6min chapter
Macro Hang #5 w/ Jeff Booth, Preston Pysh & Greg Foss
Bitcoin Rapid-Fire
The Theory of Agents
In those type of corporate structures where no one has the type of power that Saylor had, nobody wants to stick their neck out there. So why not just stick to regular old stuff? Vanilla programming. It's safe. And you don't get your assets not on the chopping block. You don't have to convince a whole board about the merits of Bitcoin against all the FUD that you know is in their mind already. Even if it means we missed a huge opportunity, at least I'm not an outlier,. that risk a career by promoting something that went in the wrong direction for me.
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