4min chapter

The "What is Money?" Show cover image

Bitcoin as an Incorruptible System of Value with Jordan Peterson (WiM168)

The "What is Money?" Show

CHAPTER

The Reputation System Is Not Enough, but It Is Enough

Ebe was a system that allowed people to trade with each other without fear of reprisals. The default exchange between strangers who will never meet again is honesty. If you live in a culture where the default transaction between strangers is honest exchange, everyone's rich. And ebe untroze a lot of capital ri beand the reason it wasn't even so much that a technological revolution, although it was in some sense.

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