Chapter
Clips
The speaker believes that tokens, blockchain, and Metcalfe's law are the future of network capitalism, a new way to create abundance in the world through enterprising capitalists utilizing these technologies.
1:24:54 - 1:28:17 (03:23)
Summary
The speaker believes that tokens, blockchain, and Metcalfe's law are the future of network capitalism, a new way to create abundance in the world through enterprising capitalists utilizing these technologies. The speaker references the book "The Wealth of Networks" by Yohei Benkler.
ChapterThe Role of Tokens and Entrepreneurship in Creating Abundance
Episode#286: The Man Who Taught Me How to Invest
PodcastThe Tim Ferriss Show
The speaker shares their perspective on the relationship between entrepreneurship and crypto, stating that true entrepreneurship comes from love and creation rather than anger and disruption.
1:28:17 - 1:30:24 (02:07)
Summary
The speaker shares their perspective on the relationship between entrepreneurship and crypto, stating that true entrepreneurship comes from love and creation rather than anger and disruption.
ChapterThe Role of Tokens and Entrepreneurship in Creating Abundance
Episode#286: The Man Who Taught Me How to Invest
PodcastThe Tim Ferriss Show
The wealth of networks creates the opening to establish trade as a voluntary activity between people, and the valid role of governments is to protect the rights of people, not to legislate everything or give handouts.
1:30:24 - 1:31:40 (01:16)
Summary
The wealth of networks creates the opening to establish trade as a voluntary activity between people, and the valid role of governments is to protect the rights of people, not to legislate everything or give handouts. The Fed's unsound practices with money are harming the middle class, but cryptocurrency has the opportunity to say that money should have a price like everything else.