Coin Stories
Aleks Svetski: Bitcoin is 'Strong Money' and a Tool to Reward Excellence
Dec 27, 2023
Aleksandar Svetski, author of the best selling 'UnCommunist Manifesto,' discusses Bitcoin's role as 'strong money' and a tool to reward excellence. They explore the relationship between energy and money, the consequences of fiat currency, and Bitcoin's potential for addressing global inequality. They also touch on skepticism towards AGI and the limitations of AI. Overall, an insightful discussion on Bitcoin's power and its impact on society.
53:40
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Quick takeaways
- Bitcoin's value lies in its functionality and usefulness, independent of its creator's identity.
- Quantum computing does not pose a threat to Bitcoin, while AI also does not pose a risk.
Deep dives
The Importance of Bitcoin's Creator
The identity of Bitcoin's creator, Satoshi Nakamoto, is irrelevant. Bitcoin works independently of its creator's identity, and its value lies in its functionality and usefulness.
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