Corey Petty from the Institute of Free Technology explains why he thinks there is value in mining crypto currencies: the direct transfer of digital assets does away with the inefficiencies of the traditional financial ecosystem, such as intermediation, tracking, routing and verifying; it allows us to quantify previously unquantifiable things such as social ideals and community value systems, expanding our ideas of value and how people spend their time and attention. Check out the full podcast on YouTube — Corruption Inc: The American Way, Podcast #05: Prometheus’s crypto
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