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Social Network Geometry | The Geoffrey West Series | Episode 4 (WiM147)
The "What is Money?" Show
The Real Revolution Was the Zero to One Innovation
The internet is still the telephone effectively, but it's just higher resolution and all that. But the real revolution was the zero to one, the contraction of space and point. We've decoupled money from gold entirely, and now money supplies worldwide are being expanded at a rate unprecedented. So there's a tension here, again, where the physical possibility and the informational throughput, you know, caused gold to become money then we needed to scale gold and currency. Now that's completely gone off the rails.
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