The "What is Money?" Show cover image

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

The "What is Money?" Show

00:00

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

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app