This is the audio version of the post “Everyone’s a Speculator.”

00:16 Welcome
00:28 Introduction
01:41 Action, Uncertainty, and Risk
05:03 Gambling, Engineering, and Speculation
09:49 All Assets Are Speculative Assets
11:49 Uncertainty and Money
13:45 Conclusion

If you enjoyed this recording, please consider supporting the publication by becoming a paid subscriber or donating sats.

Donate BTC/LN: here

Substack: https://bitstein.substack.com

Twitter: https://twitter.com/bitstein

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bitstein.substack.com