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Currents 094: Matthew Pirkowski on Blockchain Consensus Mechanisms

The Jim Rutt Show

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Bitcoin: A Multi-Attractor System

I like the idea of having Bitcoin as a deflationary tractor intention with the naturally inflationary tractors that will always exist, attendent any real growth. I would like that inflationary attractor to also have better properties than our current state-based human, highly malleable, highly corrupt modes of mediating inflation through extremely reductive and simplistic levers That we pull often too late and in ways that make the situation worse, better and better. So yeah, I mean, that's kind of where I'm at there.

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