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#1287 Eric Jorgenson | Balaji Srinivasan’s Big Ideas on Bitcoin, Tech & Media
The Pomp Podcast
The Importance of Truth in Shaping the World
The world changes significantly due to risks associated with people fabricating lies, intentionally or unintentionally, and pushing the world in the wrong direction. This creates a limited and negative impact. Building and distributing things around the truth becomes more incentivized, as highlighted by the example of the USSR and the US during the Cold War. It is emphasized that truth matters because competing narratives lead to economic wars, where communism's reliance on lying for projections puts it at a disadvantage compared to capitalism.
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