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Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics | Lex Fridman Podcast #284

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Further reading 1

After this game sells, can the studio afford to make another? →When do back-catalog sales arrive, how do players find the next game, and how much time does a helper actually free up? Studio accounts and launch decisions put dates and costs on the ability to keep making things.This video helps answer · Who pays for an improvement and who controls the next investment?

Caption notes

Ammous compares imported glass beads with manufactured diamonds. Scarcity can depend on local know-how or restrictions on production. His monetary argument turns on which limit on supply is actually operating.

Public machine transcript (may contain transcription errors) ↗
Original passages · 2
Glass beads were money in West Africa
Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics | Lex Fridman Podcast #284 · ▶ 13:48–13:50
So it's an artificial scarcity
Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics | Lex Fridman Podcast #284 · ▶ 40:18–40:20

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