Robert Breedlove: Philosophy of Bitcoin from First Principles | Lex Fridman Podcast #176
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Channel: Lex Fridman
Views: 359,787
Rating: undefined out of 5
Keywords: agi, ai, ai podcast, artificial intelligence, artificial intelligence podcast, lex ai, lex fridman, lex jre, lex mit, lex podcast, mit ai, robert breedlove
Id: HrehEWYj16s
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Length: 243min 49sec (14629 seconds)
Published: Sat Apr 17 2021
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Bitcoin is to Lex's podcast as hunting is to Rogan's
There is probably not this many bitcoiners with something really interesting to say
Thought it was a little strange he brought up Jordan Peterson more than any economists or school of thought in the four hours of inflation is theft talk
I'm not sure it gets addressed later on, but a core building block of his reasoning with him stating the first occurrence of (his definition of) communism is the caveman taking away an asset bothers me immensely.
Any parent-child dynamic or even any group dynamic will already have seen resource redistribution, which is inherently not an exactly equal transaction.
I know lex gets sponsored by this crypto trading app thing. But I would love some history/alien/tech talk.
It was hard for me to even continue listening to this conversation because his initial description of inflation led me to believe he has a fundamental misunderstanding of what the term actually means.
His first apparent example of inflation is buying a cell phone and someone backdoor selling your data into the market. I've honestly never seen a worse analogy for inflation. If anything, if you are paying the same monthly fare for the phone and they are getting more info out of you, that would obviously be deflation.
This is just objectively not inflation. I'm not even sure how you would tie that consumer situation to inflation unless you somehow twisted yourself into the idea that you were raising the price of someone getting the info on your data?
This is a key weakness of almost all of these "new fiat" individuals, they create a straw man, claim that is how inflation works, and then hold up their new statue to solve the exact same problems the prior thing already basically solved.
Side note: he also seems to not know the difference between fiscal and monetary policy, which....of course
This guy sounds like a freshman philosophy student. He likes to throw around fancy concepts just for the sake of shilling for bitcoin. Get Andreas Antonopoulos on. Hes more open minded towards alt coins and doesn't sound like hes regurgitating others ideas when he talks. Or better yet, take some time off of talking about cryptos.
I hope nobody minds me asking but this was my favorite podcast and I don’t feel inclined to listen to these bitcoin episodes. Do you guys have other recommendations?
we want GSP!