2min chapter

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508. Does the Crypto Crash Mean the Blockchain Is Over?

Freakonomics Radio

CHAPTER

What Are Your Favorite Block Chain Behaviors?

Block chain enables new kinds of behavior that were not possible before because was no incentive to perform whatever the action was. I think protocols that are designed to al scarce digital resources are really interesting. There are similar models that can be applied to things like file storage as well. And so the token piece is the critical element that allows these systems to actually work.

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