E94: NFT volume plummets, California's overreach, FBI meddling, climate change & national security
All-In with Chamath, Jason, Sacks & Friedberg
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California's Bold Legislative Moves
This chapter examines California's recent legislative initiatives, including the ban on internal combustion engines and the establishment of a minimum wage for fast food workers. It discusses the potential impacts of these laws on labor dynamics, market competition, and the role of government regulation. The conversation highlights concerns over the implications for economic mobility and business innovation in the face of increasing government oversight.
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