3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC132: Mental Models For Understanding Bitcoin w/ Anil Patel (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Intransigent Minority in Bitcoin

The intransigent minority is a concept popularized by Nassim Taleb. It's an idea we should preserve and use for our own understanding of Bitcoin, he says. A group of Bitcoiners who are unwilling to change their unit of account will grow over time as they gain access to more potential customers. "I feel like we're going to see this play out in many different industries where people will want to serve Bitcoiners"

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