
#168 – Silvio Micali: Cryptocurrency, Blockchain, Algorand, Bitcoin, and Ethereum
Lex Fridman Podcast
00:00
Unraveling Blockchain and Money
This chapter examines blockchain technology as a decentralized ledger system that fosters transparency and trust in transactions. It discusses the evolution of money from physical goods to cryptocurrencies, emphasizing the social constructs that underpin value and trust. Additionally, it highlights the significance of scarcity in digital currencies, particularly Bitcoin, and how this impacts their acceptance and valuation.
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