The Pomp Podcast cover image

Allen Farrington On Why Bitcoin Is Venice #905

The Pomp Podcast

00:00

The Importance of Property Rights in Capitalism

Capitalism depends on more than just free markets, says Amena. It needs property rights to allow people to create capital from their assets and then engage in free trade. But because theyre the legal system that ther theyre forced to operate under precludes them from accumulating capital,. There is very little additional wealth that can be createdis actually, to put itin kind of big coinery terms, is very difficult to have a low time fence with bitcoin.

Play episode from 12:54
Transcript

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