Bitcoin

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Bit coin is unusual in that it doesn't change. It's essentially unchanged since two thousand nine, and so shouldn't it just kind of fade away, you now? So this is like the one application of technology i've ever seen where it's actually a benefit, right? Ro tand how much of your investment and and bullishness ithrespect to web three is predicated on the expectation that bit coin will endure.

Sam Harris speaks with Marc Andreessen about the current state of Internet technology and culture. They discuss Marc's background in tech, the birth of the Internet, how advertising became the business model for digital media, the three stages of the Web, the blockchain, how successful technology reorders status and power in society, the Bitcoin white paper, the mystery surrounding the identity of Satoshi Nakamoto, the importance of distributed consensus, Bitcoin as digital gold, how society has performed during Covid, James Burnham and managerial capitalism, the principal-agent problem, negative externalities, risk and regulation, trust in institutions, WTF happened in 1971, regulatory capture, banning Trump and Alex Jones from social media, perverse incentives in philanthropy, and other topics.

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