Harold Thomas Finney (May 4, 1956 – August 28, 2014)

In one of his last posts on the BitcoinTalk forums, Hal Finney posted a short message about his past, finding Bitcoin, working with Satoshi, coming to terms with his disease, and the legacy he was leaving behind. On this day in 2014 we lost a true cypherpunk. Hal’s, Bitcoin and Me

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Today we continue our journey through Robert Breedlove’s thorough work by completing section 1 on the incredible history & profound nature of money.

• How prices are the economic nervous system
• Histories of failed monies
• When gold lost its soundness
• The Gilded Age
• The Century of War
• Skin in the game
• Free Markets vs Socialism

You’ll find this amazing work plus much more at parallaxdigital.io/blog

Further reading, listening, & exploration mentioned in today’s show:
Use of Knowledge in Society
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250—Use-of-Knowledge-in-Society-Part-1-e43pfj
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251—Use-of-Knowledge-in-Society-Part-2-e444k0
The Island of Stone Money
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_262—The-Island-of-Stone-Money-e4d6m0
All Wars are Bankers Wars
https://www.youtube.com/watch?v=5hfEBupAeo4
Nassim Taleb’s “Skin in the Game”
https://www.amazon.com/Skin-Game-Hidden-Asymmetries-Daily/dp/042528462X/ref=sr_1_1?keywords=skin+in+the+game&qid=1567028769&s=gateway&sr=8-1

If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below!
https://patreon.com/thecryptoconomy

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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The network effects that tie society together through its community, language, and money are both incredibly powerful, and very difficult to measure. We continue with Robert Breedlove’s broad piece covering all of the core ideas that make Bitcoin the powerful innovation it is, and detailing exactly what it is changing, with a deep historical context.  

• Money is a social network
• “Hardness” is #1
• The 7 characteristics of a monetary good
•  The nature of prosperity
• How economies grow

So many fascinating concepts and related stories to share on this one.  In the next section we will start back with “The Economic Nervous System” and how the natural emergence of prices creates the incentives to organize and direct our actions. So much more to come, don’t forget to subscribe!

Don’t forget that you can find this incredible work and much more at parallaxdigital.io/blog

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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message