Chapter
Thinking of Money as Information in the World of Cryptocurrency
Cryptocurrency is seen as a way to reduce the errors created by governments' dilution of the money supply, which can be thought of as a form of taxation. Viewing money as a database for resource allocation across time and space can help understand the potential of cryptocurrency.
Clips
This podcast episode explores the idea of money as information and how cryptocurrency is attempting to reduce the errors created by government diluting the money supply.
59:42 - 1:01:58 (02:15)
Summary
This podcast episode explores the idea of money as information and how cryptocurrency is attempting to reduce the errors created by government diluting the money supply.
ChapterThinking of Money as Information in the World of Cryptocurrency
Episode#252 – Elon Musk: SpaceX, Mars, Tesla Autopilot, Self-Driving, Robotics, and AI
PodcastLex Fridman Podcast
Money can be thought of as a database for resource allocation and obligation shifting across time and space.
1:01:58 - 1:05:19 (03:20)
Summary
Money can be thought of as a database for resource allocation and obligation shifting across time and space. This perspective can help solve the issue of creating a store of wealth or accounting for relative obligations.