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RE: LeoThread 2025-11-16 07-55

in LeoFinance29 days ago

you get into really interesting research around behavioral psychology. They believe it. When Lloyd Blankfein says we're doing God's work, he believes it. He's not just saying that. There is probably some level of, but people go to great lengths to convince themselves of things. Someone who talks about this, and I think talked about it on my show as well, is the great short seller, Jim Chenos, who famously helped really bring down Enron. When you look at people that perpetuate giant frauds, they will oftentimes come to very complex rationales to explain why they're actually not bad people. Central banks as a religious institution is an interesting concept to think about. Money as a religion is an interesting concept to think about as well. We often in the crypto space think of money as a mean that's socially propagated contract between all of us where we agree certain things are money and other things are not, which is an interesting subject, I think. I've been reading a lot of Ray (26/97)