Praxeology: The Study of Human Action with Knut Svanholm (WiM332)
The "What is Money?" Show
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The Purge of Shit Coins in Bitcoin
Bitcoin is like the breakthrough or something, right? It's like we finally created the thing that the human social institution that humans cannot corrupt. So now we play this game and it rewards us for being honest, integral, collaborative, peaceful. And there, this might not be entirely true during the adoption phase because right now you can leverage markets in all sorts of immoral ways. The further we move into our Bitcoinization, the harder it's going to be to play those games. You can use Bitcoin to create a shit coin and pump your bags there. All of these shit coins have a marketing team to them. There's a new crop of people every cycle to fool. I'm against all
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