137. Clown Continent
The Bitcoin Standard Podcast
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Can You Get a Big Payout Out of the Company Today?
"What do you care about most is making a big buck today. So what do you do then with your land? You acid strip," he says. "You have high-time preference, less focus on the future and a strong incentive to acid strip" It's just how do we take advantage of things in the short term to benefit us, not worrying about the long term?" He adds that there isn't a grown-up adult in the room who's thinking about benefits and costs rationally.
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