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#03 - Harry Sudock: Bitcoin Mining at GRIID, the Evolution of Energy Production, and Human Flourishing

Closing the Loop

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The Problem With the Fiat System Is That the Money Is What Permits the Market

Sally Kohn: The problem with the fiat system is that markets are supposed to identify and reward competence. She says when you have so much intervention, either direct or indirect, it can't properly reflect actual behavior in the market. Kohn: If we have an incorruptible, as you say, undebasable, free market money, then that's all our hope That will facilitate markets that are better at communicating truth," she said.

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