The Pomp Podcast #1316 Nate Fischer on The Shocking Future of Bitcoin, Economy, Government & Geopolitics
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Feb 26, 2024 Discussion with Nate Fischer covers global trends, breakdown of globalization, importance of trust in societies. Insights on investments, tax savings, and portable display screens. Exploration of future scenarios, optimistic views, digital governance, and investment strategies. Emphasis on entrepreneurial capital allocation, trust-based ventures, and impact of immigration on economies.
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Platforms As A New Layer Of Government
- Digital platforms now act as a de facto layer of government with real political power.
- Their control over information and behavior resembles governance even without physical violence.
Disintegration Beats Centralization
- Trends point toward disintegration and distributed power rather than tighter centralized control.
- Loss of federal ability to enforce norms will increase private and local forms of authority.
Buying Ammo As Tail-Risk Insurance
- Nate bought an ammunition company in May 2020 as an insurance-like hedge against extreme scenarios.
- The bet was less profitable than feared, but intended as a tail-risk protection.