4min chapter

The "What is Money?" Show cover image

Bitcoin and Social Entropy | The Geoffrey West Series | Episode 2 (WiM145)

The "What is Money?" Show

CHAPTER

Cities Are Scaled Versions One Another

In terms of the infrastructure, it's very analogous to biology. It has this economy of scale with a 50% savings with each doubling rather than 25%. But the crucial part of the city is this socio economic part, which is social networks. And where we discovered then, and I didn't mention it earlier, these are all super linear. Much better to be in a small town during COVID, during a pandemic, than it is in a big city. That says nothing about what your quality of life might be or react to be. The bigger you are, the more interactions, social interactions per capita, therefore the more ideas,. Therefore the more patents per capita,  the

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