5min chapter

The "What is Money?" Show cover image

Bitcoin as an Incorruptible System of Value with Jordan Peterson (WiM168)

The "What is Money?" Show

CHAPTER

Bitcoin and the Ethic of the Cryptocurrency Community

I don't see any obvious manner in which the presuppositions of the bitcoin community violate fundamental psychological principles. I think it's something to do with time preference. And we another thing you talk about a lot, this idea of a mamesus, where we're constantly imitating one another. It seems to me if we had hierarchies of competence rather than dominance, that the prudent are not being penal ise,. That would actually change the the values that are imitated. So you could actually purify society to some extent, maybe the behaviors that win.

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