2min chapter

The "What is Money?" Show cover image

WiM038 - The Geoffrey Miller Series | Episode 1 | Money is Liquid Fitness

The "What is Money?" Show

CHAPTER

Is Conspicuous Consumption a Proof of Work?

There's such an interesting connection there, again, between the economic and biological domain. If we look at gold that lens, clearly, gold was valued based on the proof of work necessary to obtain it. But then we would also use that as a mechanism of display. We could ornament ourselves with gold, and that would become a tool to attract mates, or gev attention,. Or it'safor conspicuous consumption, isn't it? That's the same thing like the suits and sports cars and all these other things, right? Yo, absolutely. Such deep, wonderful analogies. You know, also between te hovies, a handicap principle, and thorston beblin's

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