Chapter
The Digitalization of Physical Economies
1:43:32 - 1:45:56 (02:24)
Exploring the concept of transitioning physical economies, specifically gold, into the digital space to create a digital economy.
Clips
Charles Hoskinson explains the goal of Cardano - to build a financial operating system that is accessible for the poorest and richest in the world and ensures fair treatment for all.
1:43:32 - 1:44:33 (01:01)
Cardano
Summary
Charles Hoskinson explains the goal of Cardano - to build a financial operating system that is accessible for the poorest and richest in the world and ensures fair treatment for all. He questions the purpose of Bitcoin and its aim as a store of value.
ChapterThe Digitalization of Physical Economies
Episode#192 – Charles Hoskinson: Cardano
PodcastLex Fridman Podcast
The Lightning Network technology can help replace gold in the economy by transferring the physical material into the digital space, thus building an economy around it.
1:44:33 - 1:45:56 (01:22)
Lightning Network
Summary
The Lightning Network technology can help replace gold in the economy by transferring the physical material into the digital space, thus building an economy around it. Operating outside gold can also promote economic growth.