Aug 3, 2018
In this episode with Bitstein, we break down Paul Krugman's
errors in his NYT "Transaction Costs and Tethers: Why I’m a Crypto
Skeptic" column, as well as other topics:
- Mischaracterisation of what money's purpose is
- Krugman's 'nirvana fallacies' in money
- Why fiat money is an aberration and more akin to a 'fad diet'
- Why Everyone Is a Scammer and the Scammer heuristic
- Bitcoin Maximalism - is it descriptive or prescriptive?
- UNIX philosophy