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# How Bitcoin changes incentives

Fiat money forces us onto an economic treadmill of endless inflation and asset hoarding. Bitcoin dismantles this rigged structure, realigning global incentives to reward genuine innovation.

- **Speakers:** Jimmy Song
- **Event:** WeAreDevelopers LIVE
- **Published:** June 19, 2020
- **Duration:** 44:24
- **URL:** https://www.wearedevelopers.com/videos/18-how-bitcoin-changes-incentives
- **Thumbnail URL:** https://customer-goifxnzhrq3d0d54.cloudflarestream.com/43fe9867c0cccb6f35caa211ba63ce15/thumbnails/thumbnail.jpg?time=19065ms

## Access

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## Related Moments

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- [Escaping monetary imperialism for financial fairness](https://www.wearedevelopers.com/videos/234-why-bitcoin-matters-freedom-progress-and-fairness) (from "Why Bitcoin Matters: Freedom, Progress and Fairness.")
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- [Bitcoin as a peer-to-peer cash system with cooperative competition](https://www.wearedevelopers.com/videos/31-economic-incentives-and-the-bitcoin-network) (from "Economic incentives and the Bitcoin network")
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- [Defining bitcoin as decentralized digital scarcity](https://www.wearedevelopers.com/videos/234-why-bitcoin-matters-freedom-progress-and-fairness) (from "Why Bitcoin Matters: Freedom, Progress and Fairness.")
  - **Thumbnail URL:** https://customer-goifxnzhrq3d0d54.cloudflarestream.com/29a60547b5b180a1d0bbfe5b06436a02/thumbnails/thumbnail.jpg?time=151305ms
- [Satoshi Nakamoto and the reaction to centralized finance](https://www.wearedevelopers.com/videos/510-blockchains-are-dumb) (from "Blockchains are Dumb")
  - **Thumbnail URL:** https://customer-goifxnzhrq3d0d54.cloudflarestream.com/e16131e6ed1b83e95af776332bd3730d/thumbnails/thumbnail.jpg?time=158700ms
- [Instability and corruption in cryptocurrency markets](https://www.wearedevelopers.com/videos/211-punk-leadership) (from "Punk Leadership")
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