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#163 – Eric Weinstein: Difficult Conversations, Freedom of Speech, and Physics
Lex Fridman Podcast
Bitcoin Is a Gauge Theoretic Concept
Economists have not even understood what de Visius index truly represented. The representative consumer should actually be a probability distribution on the space of all possible consumers weighted by the probability of getting any particular pull from the distribution. So gold is actually coming from gauge theory and markets are coming from gauge theories. Bitcoin transactions should theoretically be founded on a different principle that is not the blockchain.
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