The "What is Money?" Show cover image

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

The "What is Money?" Show

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app