the only way that I think you can effectively police that and reach a kind of almost equilibrium of
Modern Capital Misallocation: Allen Farrington (Bitcoin Talk on THE Bitcoin Podcast)
"if you put the requisite time and energy into creating a culture that self-enforces ethics, you don't need violence in the first place. And you can escape that loop, in theory, at least. That's my hot take."
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So that's where I kind of land on this, that that's 6 actually more important.
12 The Bitcoin time chain is 843281 and the value of one Bitcoin is still one Bitcoin.
Today's episode 13 is Bitcoin talk where I talk with my guest about Bitcoin and whatever else comes up.
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who's happy with what credible threats of violence that incentivize, you know, what you're, what
accords with your ethical theory is not resorting to ever more escalating violence, you know, in
pursuit of ultimate victory and the monopoly, but rather shame, basically, or other more socially
enforced means of punishment and reward. So that's where I kind of land on this, that that's
actually more important. It's basically, it's a very, very pretentious way of describing politics
as downstream of culture, but not just describing it, but encouraging you to take it very, very
seriously because, you know, if you put the requisite time and energy into creating a culture that
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"if you put the requisite time and energy into creating a culture that self-enforces ethics, you don't need violence in the first place. And you can escape that loop, in theory, at least. That's my hot take."
On this Bitcoin Talk episode of THE Bitcoin Podcast , Walker talks with Allen Farrington, General Partner at Axiom Venture Partners, and the co-author of the book Bitcoin is Venice. Allen and I had a great conversation that meanders all over the place from Apple to lite beer to MMT to capitalism to the proper role of the state and a whole lot more…
