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BITCOINER BOOK CLUB #1 - The Sovereign Individual

Bitcoin Rapid-Fire

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The Principal Agent Problem, Is That Correct?

The principal agent problem is where the individual interest within that unit is not to serve the client but to serve their own individual interest. And so that's the biggest challenge within an organization which can also be potentially solved by Bitcoin, if you pay people per idea or whatnot. It just aligns the interest much more effectively.

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