69. The Bitcoin Machine

<p>In this episode Saifedean talks to regular seminar attendees about why bitcoin operates like a machine. They discuss why &ndash; like a washing machine &ndash; bitcoin continues to serve people who use it regardless of whether they understand the mechanics of how it works, why bitcoin&rsquo;s critics are analogous to luddites, and why money should be understood as a private market good, rather than a public good.</p>