#11 - Steve Barbour: The Solution Is to Plug in More ASICs
Closing the Loop
00:00
The Importance of Reputation in a Free Market
Biccoin founder Eli Smith says he is not motivated by money, just like anyone. He believes that in a free market, when you do make mistakes and break the reputational bond, you go out of business. The importance of reputation gets dialed down because there's so much back stopping, intervention, regulation,. government subsidies, hand outs, all this kind of stuff. "I feel like onceo have at bicoin treasury, in personal life and in work, you know, things are going to work out"
Transcript
Play full episode
