Understanding Moloch: Capitalism and Collective Decision-Making

✨ DEBRIEF | Unpacking the Episode: https://shows.banklesshq.com/p/liv-boeree  ------ Liv Boeree is a former professional poker player, master of game theory, systems thinker, and keen understander of the world of complex systems and the human experience.

She also is one of the few people out there in the world teaching about the lessons of Moloch— the study of human coordination—and is the reason why we wanted to have her on Bankless.

In the episode, Liv makes it clear how Moloch is more than an idea. Coordination and competition failures are happening in every aspect of our lives. Is crypto the solution?

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------ Topics Covered

0:00 Intro 8:24 Getting to Moloch 14:25 Meditations on Moloch 17:30 Defining Moloch 19:40 Unhealthy Competition or Coordination Failure 25:00 Nuclear Proliferation 26:30 Cancer 27:58 Moloch’s Ancient Analogy 31:18 Centralization 36:10 The Prisoner’s Dilemma 38:50 When Moloch is the Most Dangerous 43:50 How to Slay Moloch 52:10 Capitalism 59:44 Defining Moloch Cont. 1:02:20 Changing the Underlying Systems 1:08:20 Crypto & Coordination 1:15:15 Moloch’s All the Way Down 1:18:15 Moloch Isn’t One Thing 1:20:00 Better System Design 1:27:23 Crypto’s Moloch Problem 1:32:32 Moloch Takeaways 1:34:42 Liv’s Personal Moloch Connection 1:37:02 Closing & Disclaimers

------ Resources:

Liv on Twitter https://twitter.com/Liv_Boeree 

The Evolution of Trust https://ncase.me/trust/ 

Meditations on Moloch https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ 

The Goddess of Everything Else https://slatestarcodex.com/2015/08/17/the-goddess-of-everything-else-2/ 

Moloch - The Beauty Wars https://www.youtube.com/watch?v=fifVuhgvQQ8 

Ethereum Slayer of Moloch https://newsletter.banklesshq.com/p/ethereum-slayer-of-moloch- 

Previous Bankless Podcast: Slaying Moloch https://www.youtube.com/watch?v=903tHM4RA9k 

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures