Read_280 – My Path to Bitcoin Maximalism [Ben Perrin]

Today we read an excellent article by Ben Perrin (@Btcsessions) laying out an excellent argument that reveals #BitcoinMaximalism as the meticulous and thoughtful position it actually is. Rather than the arbitrary, religious, & closed-minded position many altcoiners would want you to believe.
Drop some applause on the Medium article for the great work!
https://medium.com/bull-bitcoin/my-path-to-bitcoin-maximalism-c77c53466cb5
Follow @BTCsessions on Twitter and Youtube for tons of great content!
https://www.youtube.com/c/btcsessions
https://twitter.com/BTCsessions
To dig a little deeper into topics mentioned in this episode, here are a few other works I recommend:
Unpacking Bitcoin’s Social Contract by Hasu
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_198—Unpacking-Bitcoins-Social-Contract-e2oct5
BetterHash – Decentralizing Bitcoin Mining… by StopAndDecrypt
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_274—BetterHash–Decentralizing-Bitcoin-Mining-with-new-Hashing-Protocols-e4nn6i
Bit Gold by Nick Szabo
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_275—Bit-Gold-e4o0vp
If you love the show and would like to support and get access to the exclusive Cryptoconomy telegram group, become a patron below!
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Chat_018 – Investigating Bitcoin with Aaron Van Wirdum

Today we have on the show one of the best journalists in the Bitcoin ecosystem, Aaron Van Wirdum! We chat about his path to finding Bitcoin, his process in investigating protocol developments, social impacts of paradigm shifting technology, the growing need and coming battle for privacy, his most anticipated new tech, and much more!
You’ll find over 300! amazing articles by Aaron at https://bitcoinmagazine.com/authors/aaron-van-wirdum. And don’t forget the great pieces available in the new 10th Anniversary Print Edition of the magazine! Get your copy = https://store.b.tc/
Here are a number of the previous articles of Aaron’s that we’ve now got in audio + commentary:
Statechains: Sending Keys Not Coins
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_272—Statechains–Sending-Keys-Not-Coins-e4mue1
Bitcoin as a Privacy Coin
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_149—Bitcoin-as-a-PrivacyCoin-e2ndpr
Understanding Lightning Parts 1-3
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_047—Understanding-The-Lightning-Network-Part-1-e2ndtd
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_048—Understanding-The-Lightning-Network-Part-2-e2ndt4
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_049—Understanding-The-Lightning-Network-Part-3-e2ndtc
Genesis Files:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_111—Genesis-Files—With-Bit-Gold–Nick-Szabo-Was-Inches-From-Inventing-Bitcoin-e2ndr5
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_095—The-Genesis-Files-Hashcash-or-How-Adam-Back-Designed-Bitcoins-Motor-Block-e2ndrl
Atomic Swaps: How Lightning Extends to Altcoins
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_063—Atomic-Swaps–How-the-Lightning-Network-Extends-to-Altcoins-e2ndsm
If you are appreciating the show and would like to support and become a part of the exclusive Cryptoconomy telegram group, become a patron below!
https://www.patreon.com/thecryptoconomy
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Guy’s Take_020 – How Bitcoin Could Bring Down the State

Inflation, or manipulation of the money supply to the benefit of the politically well connected, is quite possibly the most pervasive frauds of modern society. It creates multiple layers of compounded resource misallocation, it benefits the debtors and manipulators at the expense of savers, it puts a constant downward pressure on living standards, and it enables more unchecked corruption and abuse of power than any other aspect of our political systems.
Following Hulsmann’s work, Deflation & Liberty, we have a foundation to understand how deflation, and sound money, strips the false elites of this power. Bitcoin isn’t a new player, Bitcoin is a whole new game. Today we have a Guy’s Take follow-up to Hulsmann’s great work, and a conversation on how Bitcoin could bring down the state.
Other Episodes & Works mentioned in today’s show:
Jorg Guido Hulsmann’s, Deflation & Liberty
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_278—Deflation–Liberty-Part-1-e4q6gc
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_279—Deflation–Liberty-Part-2-e4qpvp
Conner Brown’s, Bitcoin Has No Intrinsic Value
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249—Bitcoin-Has-No-Intrinsic-Value—Thats-Great-e43bcm
Simon Lutz’s, Keynesian Errors on Time and Demand
https://medium.com/coinmonks/bitcoin-has-no-intrinsic-value-and-thats-great-e6994adbfe0f
Thomas Sowell’s, Applied Economics: Thinking Beyond Stage One
https://www.amazon.com/Applied-Economics-Thinking-Beyond-Stage/dp/0465003451
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Read_279 – Deflation & Liberty [Part 2 – Jörg Guido Hülsmann]

“If Bitcoin’s supply is expected to be endlessly deflationary, doesn’t this ensure a never ending, economy destroying downward spiral?”
Today we conclude with Part 2, Hulsmann’s incredible work on the consequences and nature of deflation and what it means for liberty.
Continuing a 3 episode answer to this critically important question we finish Jörg Guido Hülsmann’s amazing piece, available thanks to the Mises Institute:
Deflation & Liberty
https://mises.org/library/deflation-and-liberty-1
We will conclude the argument for the liberating powers of deflationary money with a Guy’s Take episode breaking it all down. Subscribe and stay tuned so you don’t miss it!
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Read_278 – Deflation & Liberty [Part 1 – Jörg Guido Hülsmann]

When we think about the unmatched scarcity of Bitcoin as a monetary good (particularly after looking at @100trillionUSD’s stock-to-flow model), it inevitably leads to an important question. If Bitcoin’s supply is expected to be endlessly deflationary, doesn’t this ensure a never ending, economy destroying downward spiral? Doesn’t deflation halt economic growth and investment?
Beginning a 3 episode answer to this critically important question we start by reading Jörg Guido Hülsmann’s amazing piece, available thanks to the Mises Institute:
Deflation & Liberty
https://mises.org/library/deflation-and-liberty-1
We will conclude the argument for the liberating powers of deflationary money with a Guy’s Take episode breaking it all down. Subscribe and stay tuned so you don’t miss it!
And to get started with eToro, our awesome sponsor for the show, click the link below:
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Read_277 – Modeling Bitcoin’s Value with Scarcity [100trillionUSD]

The incredible model for predicting and assessing the value of the Bitcoin network by @100trillionUSD is analyzed in his exceptional article that we read on today’s show, “Modeling Bitcoin’s Value with Scarcity.” With an R^2 above 95%, if you plan for a bitcoin future without closely assessing this model, you are ignoring a powerful indicator. Hear all about what it means for “orange coin number” in today’s episode!
Don’t forget to drop some major applause for the excellent work at the original article:
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
Be sure to follow @100trillionUSD on Twitter so you don’t miss out on his continuous amazing work:
https://twitter.com/100trillionUSD
Other episodes mentioned in the show to dive deeper:
Conner Brown’s – Bitcoin has no Intrinsic Value, & that’s Great!
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249—Bitcoin-Has-No-Intrinsic-Value—Thats-Great-e43bcm
Money, Blockchains, & Social Scalability
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_066—Money–Blockchains–and-Social-Scalability-e2ndsj
Shelling Out: The Origin of Money
https://anchor.fm/thecryptoconomy/episodes/Shelling-Out—The-Origins-of-Money-e2ndom
If you want to support my work and be a part of the exclusive Cryptoconomy Telegram group to get the inside scoop on the show and what other things I’m working on, become a patron!
https://www.patreon.com/thecryptoconomy
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Chat_017 – Reminiscing with Car & Bird on a Crazy Year & a Changing World

If you haven’t listened to the earlier episode where I went on the Friends Against Government Podcast, then you no longer have to miss out! A year later, we get back together & talk about what a crazy year it has been in Bitcoin, podcasting, & the increasingly confused world. Just an awesomely fun time!
Check out the Friends Against Government Podcast. Entertaining, informative, & just the right amount of absurd!
https://open.spotify.com/show/2TqT6kcwVFRSAQP8BUlH58?si=0aws7YRVRJ2NXTuB9g41EA
And follow the guys of twitter for some Grade-A, Anti-Govt trolling:
https://twitter.com/FAGCAST
https://twitter.com/CarCampIt
https://twitter.com/birdarchist
And don’t forget to start playing around with the awesome platform + app of our newest sponsor, eToro:
http://go.thoughtleaders.io/1195820190729
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Read_276 – More Immutable than Stone [Simon Lutz]

We start today’s show reading a short Twitter thread by @simonlutz21 which sparks a fun discussion about the presence of Proof-of-Work in nature, the awesome utility of immutability, and the power of Bitcoin’s inalterable ledger.
Like the original thread by Simon by following the link below:
https://twitter.com/simonlutz21/status/1145009553874010112
Don’t forget to check out the presentation by Andreas on “immutability and proof of work”:
https://www.youtube.com/watch?v=rsLrJp6cLf4
And if you would like to support the show, become a patron!
https://www.patreon.com/thecryptoconomy
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Read_275 – Bit Gold [Nick Szabo]

There were many precursors to the Bitcoin system, but IMO, none came as close to correctly defining the problem, & solving the key issues of trust as Nick Szabo’s Bit Gold concept. Reading another great piece made available by the Nakamoto Institute, we read and discuss the incredible prescience of Szabo through one of Bitcoin’s forefathers, Bit Gold.
Check out the amazing collection of literature at the Nakamoto Institute and see the original piece at the link below:
https://nakamotoinstitute.org/bit-gold/
Other great work from Nick Szabo includes the #1 must read of anyone who wants to understand Bitcoin, “Shelling Out, The Origins of Money”
https://anchor.fm/thecryptoconomy/episodes/Shelling-Out—The-Origins-of-Money-e2ndom
Securing Property with Owner Authority:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_118—Securing-Property-with-Owner-Authority-e2ndqs
Another I forgot to mention that pairs well with today’s episode, “Formalizing Network Realtionships”
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_214—Szabos-Formalizing–Securing-Network-Relationships-Part-1-e3953d
And Lastly @Hasufl and @zhusu’s piece “Bitcoin and the promise of Independent Property Rights”
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_225—Bitcoin–the-Promise-of-Independent-Property-Rights-e3j6b8
Don’t forget to download and check out the eToro Bitcoin exchange and app at the link below:
http://go.thoughtleaders.io/1195720190725
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Read_274 – BetterHash, Decentralizing Bitcoin Mining with new Hashing Protocols [StopAndDecrypt]

What if we already had a solution to one of the biggest threats to the Bitcoin network, but simply weren’t implementing it? Today we read another great piece by @stopanddecrypt breaking down the numerous vulnerabilities of centralized mining pools, that simply wouldn’t exist, with the implementation of a @TheBlueMatt’s new hashing protocol, #BetterHash.
Drop some applause on the original article & check out the library of work on StopAndDecrypt’s Medium page:
https://medium.com/hackernoon/betterhash-decentralizing-bitcoin-mining-with-new-hashing-protocols-291de178e3e0
https://medium.com/@StopAndDecrypt
Other resources & media mentioned on the show:
https://bitflash.club/
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_091—BetterHash-Aims-to-Increase-Bitcoin-Mining-Decentralization-e2ndro
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_077—Ethereum-Blockchain-Exceeds-1TB-e2nds8
Support my work and join the official #CryptoconomyCrew telegram group by becoming a patron:
https://www.patreon.com/thecryptoconomy
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Read_272 – Keynesian Errors on Time and Demand [Ben Kaufman]

What if there was a single, fundamental flaw in Keynesian economic theory that could shed light on the major imbalances and debts that have resulted from our monetary system? Does “spending” and consumption of resources truly make us wealthier? Ben Kaufman lays out the argument for how “Time” is the missing piece in the failed Keynesian puzzle.
Drop some applause on the original article at the link below, and don’t forget to check out and follow Ben for his future work:
https://medium.com/@ben_kaufman/keynesian-errors-on-time-and-demand-80eeae2c7110
https://twitter.com/_benkaufman
I also mentioned in the show a comic book that excellently explains the process of economic growth, spending, and savings. If you haven’t read it, its not to be missed:
http://themisescircle.org/blog/2012/11/06/how-an-economy-grows-and-why-it-doesnt/
Another big thanks to our sponsor eToro! Setup your account and start using their platform in just a few minutes at the link below: http://go.thoughtleaders.io/1195620190723
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Read_272 – Statechains, Sending Keys Not Coins [Aaron Van Wirdum]

From Bitcoin Magazine, today we read Aaron’s piece on the recently conceptualized “Statechains” from the mind of Ruben Somsen. An entirely different way to think of exchanging Bitcoin, by handing keys to the receiver, rather than sending coins. Don’t miss the read & a really fun discussion about the tech to follow.
Check out BitcoinMagazine.com for the full article and the best place for Bitcoin news and information! Dropping a link to Aaron’s main page because he has a number of recent articles that are also wonderful (specifically recommend “The ‘Noinput Class'”)
https://bitcoinmagazine.com/articles/statechains-sending-keys-not-coins-to-scale-bitcoin-off-chain
https://bitcoinmagazine.com/authors/aaron-van-wirdum
https://twitter.com/AaronvanW
If you enjoy this show and would like to support my work, become a Patron!
https://www.patreon.com/thecryptoconomy
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