Philosophy of Stateless Money with Bradley Rettler (WiM110)
The "What is Money?" Show
00:00
Cryptocurrency Networks - Governments Without Authorities
i don't think you can give that much power to individual, to an individual, or a group of individuals, and not expected to have really bad consequences. And i think there's also this hyecian aspect where the more power you into fewer hands, like it's intoxicating. Yesis perhaps god segua here into consensus matters. Authorities on payment networks can censor and spy on users precisely because they serve as useful intermediaries. We hope it is clear then how questions about consensus connect with more familiar normative questions such as who should rule over the ledger in particular.
Transcript
Play full episode
