4min chapter

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186. Bitcoin: The Future of Money? | Bitcoiner Book Club

The Jordan B. Peterson Podcast

CHAPTER

Bitcoin and the Double-Sponsor Problem

Money is a reflection of human value but i hadn't exactly thought about it as a form of mimicry so what we want is an on an arbitrary external agent that's move mobile across people. Bitcoin doesn't produce anything that can't be copied everything in bitcoin is copied all the time and you can copy every aspect of it. There's also nothing that is really encrypted like cryptographic technology or digital signature schemes to make sure ownership of things is clear. Everyone who participates voluntarily in this game agrees to certain rules and the rules say that we only accept valid copies according to the rules that we signed up to  this is what makes all this possible, says Satoshi Nakamoto.

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