How Does Proof of Stake Not Create More Wealth Disparity Overtime?

Geoffrey Miller joins me for a multi-episode series exploring evolutionary psychology, virtue signaling, history, markets, money, and Bitcoin/crypto.

Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/

GUEST
Geoffrey's twitter: https://twitter.com/primalpoly/media
Geoffrey's website: https://www.primalpoly.com/

CHANNEL
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:

EPISODE
00:00:00 “What is Money?” Intro
00:00:05 NYDIG
00:01:23 Introduction to Geoffrey Miller
00:03:00 Principles of Darwinism
00:04:46 The Foundation of Evolutionary Psychology
00:12:12 Different Levels of Evolutionary Selection
00:15:44 Costly Signaling Theory in Connection to Economics
00:23:56 Money is Liquid Fitness
00:30:40 Bitcoin as Highly Defensible Wealth
00:38:21 Digitization of Property Rights
00:42:12 Government as a Parasite
00:48:50 The Power Bitcoin has Over the Government
00:55:45 Bitcoin as an Existential Threat to Government
01:02:40 The Significance of Signaling Theory
01:09:20 Virtue Signaling
01:16:48 Proof of Stake vs Proof of Work
01:22:13 Decentralization of Bitcoin Mining
01:28:53 Wealth Disparity in a Proof of Stake Based Economy
01:33:37 Bitcoin and Censorship Resistance
01:38:55 Evolutionary Psychology and Bitcoin
01:41:14 The Role of Bitcoin Toxicity in its Success
01:46:51 The Real Threats to Bitcoin
01:49:58 How Behavioral Sciences Can Benefit Bitcoin
01:55:10 Holding Bitcoin as a Virtue Signal

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