Content
@
0 reply
0 recast
0 reaction
Simon de la Rouviere
@simondlr
If Acemoglu et al's work on Why Nations Fail point to lack of good institutions, I wonder to what extent blockchains can/do act as institutional-ish backstops. Replacing institutions with protocols. Money's an example. But even like a prediction market. Feels like being able to bet on the future, makes the future more certain? eg, here's a heck of a control group/study question: being able to bet on politics actually induces stability?
1 reply
4 recasts
6 reactions
Simon de la Rouviere
@simondlr
To be fair. This is all really just pouring more thought into @js's hardness bucket. Hardness in whatever form what creates stable growth.
1 reply
0 recast
1 reaction
