2min chapter

The "What is Money?" Show cover image

Civilization as Coordination at a Distance | The Aneesh Karve Series | Episode 7 (WiM286)

The "What is Money?" Show

CHAPTER

The Nature of Rationality, Right?

The nature of rationality involves ratios, right? So you have numerators and denominators. Bitcoin is a fixed denominator, 21 million, you can't change it. It's probably what you're seeing in Lebanon today is the currency is going to zero. What does that mean? Bitcoin's going to go to infinity in terms of the Lebanese currency. And help me. Now I want to ask kind of a hard question for Max because hey, the nineteenth translated one and you are trying to think about what happened. How do we make sure that this conviction about reality or our models for reality doesn't become a religion? Because then we are just recipients of another hangover."

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