Comments by "Mark Armage" (@markarmage3776) on "Elon Musk: Cryptocurrency Fixes Money | Lex Fridman Podcast Clips" video.

  1. The current crypto space has nothing to do with the nature of money. Crypto is a new form of money. It's a replacement for currency. It's not really a new concept. For example, text messages are just a new form of conveying information, it's the replacement of handwritten notes, not an entirely new thing. Elon speaks nothing of crypto engineering or anything, it's about the nature of it as a replacement for conventional currency, and it's not that great of a replacement.
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  2. That's not how currency works, you dummy. You use data just to exchange for dollars, it's still not a currency. Companies who own the most data sell them for dollars, it's a commodity, not currency.
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