The Industry Dollar vs. the Block Dollar
Kinode Office Hours · Bichul Ritsen and Habsul Rignyr
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Show Notes
In this extra special episode, the boys interrogate Network Age co-host and Uqbar founder ~timluc-miptev about his forthcoming article on the IndustryDollar, which powers the trad economy, and the BlockDollar, which powers a a blockchain-enriched economy. They explore how the two systems handle marginal costs, equity financing, and lending, as well as what new forms will be enabled by blockchain-empowered content creation and why the IndustryDollar isn't dead. All this plus Axl Rose, Tahiti, and a few too many jokes about "hardness".
Mentions:
Timestamp:
0:00—Intro
1:16—The BlockDollar and the IndustryDollar
5:20—"Hardness"—enforcement through atoms, institutions, and blockchains
11:05—Applications of the IndustryDollar in traditional finance
13:18—Lending vs. equity investment
17:56—"Social AI" and blockchain-enriched content creation
21:04—Monetizing with in legacy systems
25:54—Evolving platforms—"code, content, and capital"
33:03—Stripe and the digital IndustryDolalr
40:04—Software and developers with the BlockDollar
46:02—Adios
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