WiM053 - The Saylor Series | Episode 13 | Bitcoin is Cybernetic Life
The "What is Money?" Show
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Work Is So Fundamental to Life
Fiot currency is produced with essentially zero work, right? This is a central data base in the united states. If they want to create more money, you just make one entry and it's up dated. You've allotted yourself a higher proportion of the total money supply at the expense of all other dollar holders. There's no work involved. So once again, we have more free time to go and figure out more ways to solve other problems. And so on and so for in a virtuous cycle.
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