3min chapter

TFTC: A Bitcoin Podcast cover image

#425: Fiat Crisis with Balaji Srinivasan

TFTC: A Bitcoin Podcast

CHAPTER

The Emergence of Network Behavior

A lot of it is emergent network behavior you know in the same way that you don't tell your white blood cells to go and fight something off. There's emergent behavior as well as totally centralized we understand decentralized numbers so blue tribe when gray and red were maybe cooperating boom they put a flying wedge in between them. Another example was like tech guys and saudi right oh we're tech guys gonna take saudi money oh now we're gonna be so outraged about this one guy kashoki do you know how many people the saudi government killed before mbs took power? And another example russia after the collapses of union did you know yeltsin shelled his own

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