5min chapter

Closing the Loop cover image

#32 - Jeff Booth: Bitcoin is the Answer to a Broken System

Closing the Loop

CHAPTER

Bitcoin - First Principles of Principles

I think it's a great point that, and I think why so many people in this space think in a first principles type of manner. Do you think they are the principles or values of truth, of freedom, of fairness, of honesty? If you think those are, there's at least been the recognition of the value of those principles. But as we said, the problem is you needed a central authority to enforce those rules. We've been exploring how Bitcoin offers another approach to that. It might look differently if we measured ourselves by our actions, because we wouldn't be able to see that incongruence that you'd have to make a change with your intentions. Because if you

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