Paleo Runner

Daniel Krawisz on Bitcoin, Entrepreneurship, Economics Part 4

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Sinopsis

00:00:00.000 Daniel Krawisz https://twitter.com/DanielKrawisz 00:00:51.691 What comes after bitcoin? 00:01:16.117 Get as rich as possible 00:01:25.613 Bitcoin is like building an engine 00:01:45.799 Austrian economics is like thermodynamics 00:03:34.687 The problems of socialism https://mises.org/library/praxeology-knowledge-problem-socialism 00:03:58.870 Money is efficiency 00:04:51.565 Without money we lack cooperation 00:05:25.167 Without money we get central planning 00:06:47.390 What is profit paying for? https://mises.org/library/meaning-competition-0 00:07:11.065 Profit is superior planning https://mises.org/library/profit-and-loss 00:09:18.703 Entrepreneurs are superior planners 00:11:09.064 Knowledge of the future is the most valuable thing 00:14:59.046 Profits are caused by differential knowledge 00:18:21.421 Anti-inductivity https://www.lesswrong.com/posts/h24JGbmweNpWZfBkM/markets-are-anti-inductive 00:18:36.272 Scientism https://mises.org/library/pretense-knowledge 00:19:21.549 Marx said capitali