3min chapter

The "What is Money?" Show cover image

Power Projection and Human Imagination | The Jason Lowery Series | Episode 6 (WiM219)

The "What is Money?" Show

CHAPTER

Is There a Limit to Wats?

In abstract power, hiarchies, their stake and rank are virtually the exact same thing. If you use wats, there is no limit to the amount of wats that you can use to impose a cost on your attackers. So like honest people have access to theoretically unlimited wats to defend themselves, but stake is zero sum. Same same deal with rank. Ahha. What are some other systemic differences? Ah, obviously, rank cannot, is not physically real, so it can't be verifiably physically ocentralized. You can try to create voting systems to ostensibly decentralize it, but voting systems itself are extremely prone,. a well known prone to a systemic exploitation and

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