2min chapter

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#192 – Charles Hoskinson: Cardano

Lex Fridman Podcast

CHAPTER

The Impact of Cryptocurrency on the Economy

The problem is it's misparameterized. Almost like inject long term incentives into the capitalist. In cryptocurrency spaces, the only economic system where that's actually possible. You can create a tokenomic scheme. We're doing things that are beneficial for people you'll never meet because you're long dead but makes you money today. And I think crypto can actually be the vanguard that kind of pushes us there.

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