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#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates
Lex Fridman Podcast
Is Creative Destruction an Economic Principle or a Human Principle?
Human civilization is such that short-term pain has real impact on people. It's complicated, man, because creative destruction seems to be in the long term of positive. But there does seem to be a base level of quality of life that we want to uphold. I see it as an issue with modern central banking - they always have an incentive to lower interest rates.
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