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Podcast: Who is Satoshi
Episode: 071 Liability
Description: Send us a textWith risk comes reward, but also liability. If we remove any worthwhile reward, we remove the incentive to take risk and assume liability, which causes stagnation.The modern workplace is a game of who can minimize their liability the most--this also involves doing the least amount of work. The more work you do, the more likely you are to make a mistake; the more work you have, the more liabilities you have.Misalignment of liabilities and rewards is a misalignment of the incentive structure and results in a dysfunctional...