Bitcoin Is Venice: Essays on the Past and Future of Capitalism

4. Bits are finally reshaping atoms: A government that doesn’t understand the digital may not be able to control the physical. Less capable states will attempt to maintain control by making futile, reactionary attempts to regulate emerging physical technologies back into the garage from whence they came while more capable jurisdictions will embrace... See more

Throughout this time, Ivar appeared entirely without concern. Although he sensed the increasing panic, along with everyone else, he didn’t want anyone in New York to see him falter, particularly given the market’s decline. He knew markets reflected emotions and perception. In finance, there was no such thing as reality. There was only, as Pierpont

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Whatever object humans chose as a store of value, its value would rise, and because more of the object can always be made, others would produce more of the object to acquire the value stored in it. The Yapese had O'Keefe bringing explosives and advanced boats to make more Rai stones for them and acquire the value stored in the existing stones. Afri

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print money and adjust interest rates