Replies (19)
I asked him twice about payments and banking.
What an absolutely regarded take by Cory
I hate when people speak from places of authority and absolutes.
At least meet others halfway and admit there are competing hypotheses that you may not value. Then bring receipts. Mind numbing
He's got a point about volatility. Not sure if I agree that taxation is the genesis of money, but it's an interesting take. Taxes are certainly a factor in "legal tender."
Absolutely. I think it's tough for someone doing 2-3 speaking engagements a day to meet each person with that sort of "beginner's mind," but ultimately, it must be done in order not to stagnate in our thinking.
This guy….
This guy’s not my kind of guy
He's made incredible contributions on fronts like privacy & surveillance, DMCA abuses, right to repair, etc. We part ways on Bitcoin, free markets, and the like.
That’s fair, and I will definitely check him out. I disagree with plenty of people on Bitcoin and value their insights in other areas. Enjoying your content lately btw, podcasters ftw
Delighted to hear it. Thanks, Jason.
Big fan of Cory Doctorow and really appreciate his work, though I’ve never been able to get with his critiques of Bitcoin. It feels like his arguments against Bitcoin get mixed up with 💩 coins. I understand he sees them the same way, but having a legitimate debate isn’t possible if you can’t separate them. Also, some points, like high transaction fees, feel a bit outdated, as the network has evolved with solutions like the Lightning Network. He didn’t talk about climate in this clip, but he normally brings that up too, an issue Bitcoin not only is improving in, but is realigning incentives to encourage renewables in interesting ways.
His argument Elon Musk tweets and it affects your “crypto mortgage” value is true, but that’s not unique to crypto. Billionaires tweet and markets move. Just because these moves are currently obfuscated behind fiat doesn’t mean they’re not affecting you. Also, it would take a lot more tweeting if the market cap were that of fiat.
It feels like he focuses on the potential harms of a new system while downplaying the very real, existing harms of the one we have. I respect his skepticism, but hoping for a better regulator in a flawed system is like staying in a burning building hoping for a better fire department.
Yep - and it’s exactly those engagements which select for individuals who have such high confidence in their own ideas and decreasingly have the incentive to be malleable.
He’s a smart and entertaining guy - I’ve been at a conference where he was a keynote. But his opinions and biases are strongly baked into the shtick and he wasn’t invited by the organizers to talk in a nuanced way about complex policy - He did exactly what everyone wanted from him.
Just makes you appreciate the real ones who stop and actually think without ego. Those are impressive people
Very well said. Thank you.
He's speaking words but only conveying his emotional biases.
Personally i find that theory for a genetic origin of money the most interesting.
Money is the abstraction of labour.
The state is a relatively new invention compared to money.
Money has existed longer than records.
It's older than written language.
People would collect shells from the beach and take them inland to trade for things with other communities that weren't locally available in coastal regions and vice versa.
Money exists so that you can exchange resources with people you don't personally know, it removes the need for trust.
The idea that it went from barter to money is also a myth.
Before money communities would gift things to other communities in order to build trust.
Bartering was something that developed later, before food preservation and agriculture barter probably did not exist in any meaningful way.
Remarkable how you tackled that answer 👌🏻and made him doubt he was not answering the question 👀
maybe the question is badly posed, maybe if he had asked him what he thinks of the social media bill of rights,
https://rights.social/platform-comparison in fact then he recalibrates the question...
I remembered having seen it before but I didn't remember where
