Chapter
Government Regulation and Bitcoin
2:41:28 - 2:45:08 (03:40)
The government's ability to regulate and potentially crush cryptocurrencies like Bitcoin is a fear for some, including the speaker who acknowledges the potential for Bitcoin exchange to be done without government surveillance but anticipates intervention to prevent such activity.
Clips
Bitcoin is seen by the community as the base layer for future innovations, similar to how gold served as the foundation for monetary systems.
2:41:28 - 2:43:03 (01:35)
Bitcoin
Summary
Bitcoin is seen by the community as the base layer for future innovations, similar to how gold served as the foundation for monetary systems. However, some fear government intervention may limit the growth of these innovations.
ChapterGovernment Regulation and Bitcoin
Episode#178 – Michael Malice and Yaron Brook: Ayn Rand, Human Nature, and Anarchy
PodcastLex Fridman Podcast
The government may intervene in the use of Bitcoin as payment and once it is manifested in the physical world, it can be regulated by them.
2:43:03 - 2:45:08 (02:05)
Bitcoin
Summary
The government may intervene in the use of Bitcoin as payment and once it is manifested in the physical world, it can be regulated by them.