2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC100: Jeff Booth On Finding Bitcoin's Signal In A Noisy World (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Misinformation Is Growing in an Expansive Pace

If money is information, documenting energy that was expended by each individual that provided value to somebody else and you're going to debase that ledger by 2% on it, you're effectively saying, I'm taking the global ledger or file of all that information and I'm corrupting it. Right? And now you do that social coordination and one country wins and one country loses by the exact same output. The country that wins for a while will say, wow, this is really a great deal. It has a negative externality somewhere else that must grow.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode