AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
Bitcoin Economics and Evolution | The Saylor Series | Episode 16 (WiM062)
The "What is Money?" Show
Bitcoin - The Microcosm of Capitalism
Open competition in bit coin, the microcosm of capitalism, is what keeps all market actors honest and adaptive. So long as there is any economic margin left in my production process, i'm incennivise to produce gold. A channelling more energy is maybe another way to think about it that they're actually increasing the cost per bit coin a. At each having, all of that collective energy and technology intensity is going into mining.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode