[79] Privilege

Privilege or privy lege describes how more privilege comes through being privy to more secrets. Privilege points out that having a secret is like having money. Why Warren Buffet is wrong when he says Bitcoin doesn’t produce anything. Why the US is winning the fight between the US and China. The fight between fiat currencies and cryptocurrencies comes down to whether Bitcoin's code is a better secret than the US Constitution. I meant to talk more about this statistic: https://ourworldindata.org/grapher/world-gdp-over-the-last-two-millennia This chart indicates that wealth is being created at an exponential rate, or that there is increasingly more money to go around. Fiat and crypto currencies will likely both go up in value over the next decade. Watch this episode: https://youtu.be/mTcFuHa3ass