2min chapter

Lex Fridman Podcast cover image

#174 – Tyler Cowen: Economic Growth and the Fight Against Conformity and Mediocrity

Lex Fridman Podcast

CHAPTER

Regulatory Arbitrage

There's a bunch of different technologies that are really exciting. But it's not trivial to outcompete Uber on the cost, effectiveness and user experience. And I guess you're saying your sense is a similar competition is facing cryptocurrency. You have to actually present a killer app reason to switch from fiat currency to Ethereum or whatever. The Biden people are going to regulate crypto and they're going to do it soon.

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