Chapter
The Philosophical Discussion on the Nature of Money and Cryptocurrency
1:17:19 - 1:23:42 (06:23)
The recent excitement around cryptocurrency brings to the forefront the philosophical discussion of the nature of money. With smart contracts and NFTs, interesting innovations are plugging into the human psyche just like money does, and it's possible that celebrities like Elon Musk and Donald Trump can define the currencies we use.
Clips
This podcast explores the philosophical debate surrounding the nature of money and the recent excitement around cryptocurrency.
1:17:19 - 1:20:54 (03:35)
Summary
This podcast explores the philosophical debate surrounding the nature of money and the recent excitement around cryptocurrency. It also discusses the possibility of cryptocurrency reaching a value of one million dollars and how it reflects the changing nature of money.
ChapterThe Philosophical Discussion on the Nature of Money and Cryptocurrency
Episode#174 – Tyler Cowen: Economic Growth and the Fight Against Conformity and Mediocrity
PodcastLex Fridman Podcast
The influence of celebrities like Elon Musk, Donald Trump, and The Rock could have a ripple effect on the impact of money in the 21st century.
1:20:56 - 1:23:42 (02:46)
Summary
The influence of celebrities like Elon Musk, Donald Trump, and The Rock could have a ripple effect on the impact of money in the 21st century. While cryptocurrencies have interesting innovations, out-competing fiat currency is a challenge, especially when people postulate out-of-the-blue hyperinflation with no evidence.