Many such cases. He falls into the money is a “shared illusion” error and looks at it from a historical “capitalist exploitation” lens. Fails to see money as a critical technology, whose properties determine how well it solves the Double Coincidence of Wants, MoE, SoV, etc etc. Classic missteps.
I think Jiang’s failure on Bitcoin is hubris and ignorance. I’ve watched a bunch of his videos. He’s great on history, but I’d give him an F in economics. He doesn’t know how much he doesn’t know about economics. The backlash by Bitcoiners is because he’s yet another popular person who we’d expect to get it by now. It’s painfully obvious for us, so it’s frustrating when someone is so close, but still doesn’t get it.
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