Once Bitten! A Bitcoin Podcast. The Inverse Of Clown World. @knutsvanholm @lukedewolf #524
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Feb 7, 2025 Knut Svonholm, a prolific Bitcoin author, and Luke Dilwulf, co-host of the Bitcoin Infinity Show, dive into their collaborative book, The Inverse Of Clown World. They unpack complex concepts like Jevons Paradox and the Prisoners Dilemma in relatable terms. The pair share insights on the impact of Bitcoin conferences and the importance of personal connections within the community. They also discuss their future projects and the double-edged sword of dietary beliefs surrounding seed oils, reflecting on Bitcoin’s potential to change funding narratives in health research.
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Inverse of Clown World
- The book "The Inverse of Clown World" explores diminishing barriers to individual living and challenges the status quo.
- It delves into Jevons Paradox, Prisoner's Dilemma, and the power of voluntary individual connections.
Prisoner's Dilemma Example
- Knut Svanholm explains the Prisoner's Dilemma using a courtroom example where two would-be prisoners choose to cooperate or defect.
- The optimal strategy changes whether the game is played once or repeatedly.
Jevons Paradox Explained
- Jevons Paradox states that increased resource efficiency leads to higher consumption, not less.
- This challenges the deflationary spiral fear, suggesting cheaper goods incentivize more purchases.
