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Chapo Trap House

603 Teaser - The Fed Dopeness Arbiter

Chapo Trap House

Chapo Trap House

News

4.69.1K Ratings

🗓️ 18 February 2022

⏱️ 6 minutes

🧾️ Download transcript

Summary

The boys and Mike Isaac discuss tech trends of the near-future. Subscribe today for access to all premium episodes! www.patreon.com/chapotraphouse

Transcript

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0:00.0

Just like I was being a full of KTek, I know I've used this example in the show before,

0:03.8

but in my favorite of his novels, Ubeck, it opens and like in the reality of the novel,

0:10.5

like in the main character as apartment, everything from his like coffee maker

0:14.6

to the doorknob he uses to leave his apartment is coin operated.

0:18.9

And it's just very like antiquated technology, but it like it accurately predicts

0:23.0

the future where we're all pay like rent,

0:24.8

but perpetually renting the privilege to use a toaster that we bought and we probably want to use real

0:30.9

in the visual digital world coins.

0:33.3

Yeah.

0:34.1

Like there's going to have to be some like symbolic ritual of affirmation of like

0:38.8

transparent the currency.

0:40.0

And the best way to do that is just have you reach into your meta wallet and pull out

0:44.9

some actual currency or some big de bloons and put them into a fucking coin operated machine.

0:51.4

And then that'll be how we symbolize our new world that we're all loving and living in.

0:57.1

Well, yeah, no, that's I loved always when Bitcoin was first popping up,

1:01.0

these guys would always bitch about fiat and it is, you know,

1:05.2

you can you can be like, well, it's not backed by anything except for this country and it's military and it's economy.

1:11.6

All it's good to services.

1:13.8

But I mean, really all this currency is the same thing except it's backed by like

1:18.6

dopeness. Yeah, just like what the yeah, next thing will be it's just but yeah,

1:23.8

they'll they'll reinvented fiat and yeah, they're all just like fiat.

1:27.8

There'll be like a physical token, which redeems the amount of fiat that you own.

...

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