Evidence receipt / belief
Published · transcript-backedHenry Farrell: belief
23 Oct 2019 Conversations with Tyler Henry Farrell on Weaponized Interdependence, Big Tech, and Playing with Ideas
“I think that we’re going to see the underlying technologies being adopted to the extent that they are useful for better financial services.”
Source trail
Everything needed to verify it.
- Speaker
- Henry Farrell
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 23 Oct 2019
- Publisher
- Conversations with Tyler
Transcript context
…Why? If you think about Bitcoin, it purports to be a technological hack. It’s really an effort at a sociological hack, and I don’t think it’s particularly worked. I think that we’re going to see the underlying technologies being adopted to the extent that they are useful for better financial services. But the ideology of Bitcoin, the idea that you could effectively, like the villain in Rapunzel, that you would create this machine for sowing value out of rubbish — basically, that’s what Bitcoin is. It’s turning wasted computer cycles into something that people view as being a thing of value. It succeeded among a significant enough community that it’s going to survive and be around for a while. I don’t think it’s ever going to take off beyond that community. The Slovenian theorist, Žižek.…
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