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Bitcoin, Capitalism, and Evolution in Business
The chapter explores the impact of Bitcoin as honest money in defunding wars and creating a more moral society, intertwining capitalism and evolution in business through concepts like delaying gratification, natural selection, and reinvestment of profits. It delves into the definitions of money, capital, and profit in economics and expands to cover different forms of capital such as social, political, reputational, and human capital. The conversation also touches on savings as produced goods yet to be consumed and the seen and unseen aspects in economics.