2min chapter

Lex Fridman Podcast cover image

#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles

Lex Fridman Podcast

CHAPTER

The Fire of Their Failure

Human societies is kind of bubble of order that we've constructed and slowly expanding, but at the edges, you're always going to have that chaos. And so like if you want to grow this bubble of order, you have to be embracing the volatility at the edges. Telah would say individual fragility is inseparable from ensemble anti-fragility. So this means that again, every time that entrepreneur goes up in flames or say a restaurant goes out of business,. That's a signal to all the other restaurants in the area that that doesn't work.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode