3min chapter

The "What is Money?" Show cover image

WiM053 - The Saylor Series | Episode 13 | Bitcoin is Cybernetic Life

The "What is Money?" Show

CHAPTER

Bit Coin Is a Microcosm of Capitalism

Mining network is a free market. Anyone with access to sufficiently cheap energy can use it to alchimize that energy into digital gold. The competition is centered on a defined rule set. There's not, there's not a gover governing body, you would say. It's the actual nodes choosing which rules they want to run.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode