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#513: How The US Is Losing The Great Digital War with Matthew Pines
TFTC: A Bitcoin Podcast
Bitcoin as a Novel Human Institution
Bitcoin functions as a peer-to-peer system that is a collective project aligned with individual incentives to maximize collective consensus without traditional democratic agreement. Human institutions are social fictions sustained by patterns of collective beliefs, formalized in various ways over time. Bitcoin has transformed into a novel global human institution separate from traditional political institutions.
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