The Embedded Growth Problem with Rob Hamilton - WBD399

Mr Obnoxious

Peter McCormack

Technology, News, Politics, Money, Investing, Finance, Bitcoin

4.8 • 2.7K Ratings

🗓️ 20 September 2021

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Location: New York
Date: Friday 17th September
Role: Programmer & Data Scientist

Since the early 1970s, society has seen an explosion of progress in the digital world. As per Moore's law, we've seen increasing computing power at decreasing costs, but at the same time, there has been a stagnation of progress in physical sciences and related technologies.

This stagnation has caused problems for institutions and economic systems built around a paradigm of embedded growth.

So what has caused this great stagnation? And can Bitcoin fix it?

In this interview, I talk to programmer & data scientist Rob Hamilton. We discuss the embedded growth problem, stagnation leading to violence, and how bitcoin realigns natural progress.

Transcript

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0:00.0	These underlying currents that aren't talked about in our economic system that causes
0:07.5	malinvestment and it's a lot of forsaking the possibility of the future for immediate gratification today.
0:15.0	Hello there from New York City, how are you all doing?
0:18.0	It's been so good to be back here.
0:21.0	Mixed feelings, though.
0:22.0	I absolutely love this city. Every time I come back, I love it here. Mixed feelings though, I absolutely love this city every time I come back.
0:24.4	I love it here, but you can see that the COVID restrictions have certainly put some limitations
0:29.6	here and it's had an impact and some businesses have been lost and I've seen some places
0:33.9	boarded up also going to dinner I went to this steak restaurant the other night
0:38.3	with a few bit coiners and it was pretty empty which was kind of weird for a
0:41.8	place on midtown on a Friday evening so yeah a
0:45.4	bit weird got mixed feelings but honestly I do love New York so much and I
0:49.1	hopefully I'll be back soon and it's been so good just to get here and catch up with some
0:53.3	friends and I will be popping into MainNet today hopefully I'll be able to
0:56.6	catch up with a few of you anyway how are you all welcome to the what
0:59.6	Bitcoin did podcast which is brought to you by Gemini the only place I'm using for buying Bitcoin.
1:04.0	I'm your host Peter McCormack, and today I've got an interview with Rob Hamilton where we're
1:08.0	going to be discussing the embedded growth problem. But before that, I do have a message from my amazing show sponsors and today
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	...

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