GoodFellows: Conversations from the Hoover Institution cover image

Food for Thought

GoodFellows: Conversations from the Hoover Institution

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Cryptocurrency

I think cripto will find its usesa cheap transactions isn't one of them. I'm a pro crypto, but we don't call it that any more. We call it web three, a buccus. Crypto is a word that alarms people in washington and creates an impulse on the part of the administrative state to regulate something before it's properly understood. Right now, bict coins like an option on gold. That was the phrase my friend map mc clennon used when he was trying to explain it to me quite a few years ago now. And i like that term because it behaves a bit like an option. You're really taking some kind of bet on the

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