The Embedded Growth Problem with Rob Hamilton

 
 

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These underlying currents that aren’t talked about in our economic system that causes malinvestment, and it’s a lot of forsaking the possibility of the future for immediate-gratification today.
— Rob Hamilton

SHOW DESCRIPTION

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.


TIMESTAMPS

00:04:04: Introductions
00:09.08: Eric Weinstein's views vs bitcoiners' views
00:11:21:
The great stagnation
00:20:30: Embedded growth obligation
00:26:11: Impact of stopping growth
00:29:51: Eric's solution explained
00:35:08: Routing around the institutions
00:37:19: Bitcoiners as capital allocators
00:41:20: Bitcoiner in congress
00:43:32: Bitcoin's own embedded growth obligations
00:46:29: Key proponents of Bitcoin
00:50:56:
Top down vs bottom up
00:52:11: El Salvador project
00:55:07: Bitcoin measurements of success
00:59:59: Moving forward with Bitcoin
01:03:48: Final comments


 

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SHOW NOTES


PodcastPeter McCormack