3min chapter

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Episode 8 – George Gilder on the Cryptocosm and Life After Google

Close Minded Podcast

CHAPTER

Blockchain

The key thing that cryptocurrencies do is allow attestation. You can prove what you actually did. If the tax man comes, you can prove all your transactions unimpeachably in a way that can't be changed. The internet is a vast copying machine and any facts on the internet are infinitely changeable. It makes for an internet economy that actually functions in a provable and reliable way.

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