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The Idea Meritocracy | Principles of Bitcoin Series | Episode 1 (WiM254)
The "What is Money?" Show
The Process of Trade and Innovation, Right?
Technology drives a lot of this change, right? We have certain terms that we did not have before the invention of say digital technology. So you might consider how like transportation technologies, for instance, we used to use a wagon to get from the east coast of the United States to the west coast. That was a three, four month journey fraught with peril. Now fast forward a couple of hundred years and we get something like the automobile. It reduces it from maybe three or four months to something like 30 hours. And then you could fast forward a little bit more to something like airplanes where we can now, you know, get from east coast to west coast in 3 or 4 hours. Obviously
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