What is Money Anyway? Part 2

“To put it into perspective, this international monetary system based around centrally-managed fiat currency is only 16 years older than me. My father was 36 when the US went off the gold standard. When I grew up, after a period of financial hardship, I began collecting gold and silver coins as a kid; my father gave me silver coins as savings each year.

The Swiss dropped their gold standard when I was twelve years old, which was six years after Amazon was founded, and three years before Tesla was founded. The fiat/petrodollar standard is only four times older than bitcoin, and only two times older than the first internet browser. That’s pretty recent when you think about it like that.” – Lyn Alden

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The Last Days of Satoshi

“To be sure, by the waning days of 2010, Satoshi Nakamoto was still acknowledged for inventing Bitcoin, and was respected for growing the world’s first decentralized digital currency into a $1 million market. But as frustrations with his authority and availability built, it became all too common for users to decry Satoshi the admin[ X ], Satoshi the bottleneck[ X ], Satoshi the dictator[ X ].” – Pete Rizzo

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Len Sassaman & Satoshi, A Cypherpunk History

“Embedded on every single node of the Bitcoin network is an obituary . Hacked into the transaction data, it’s a memorial to Len Sassaman, a man essentially immortalized in the blockchain itself. A fitting tribute in more ways than one.’ – Evan h

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Chat #60 – Strong Foundations in an Unstable Era, with Cory Tucek

A walk through Bitcoin history, the chaos of the early days, the blocksize war, working in film, financial catastrophes, the great reset, the breakdown of collective trust, hyperinflation, & the principles that Bitcoin embodies – all covered in today’s chat with the Bitcoin Made Simple podcast host, Cory Tucek. I had a great time with this one and I think you guys will love it. Don’t miss Chat #60 – Strong Foundations in an Unstable Era

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Bitcoin is Not What you Think it is

• Money is not what you think it is

• Great societies are a result of great money

• Money is more foundational than language

• Prices are not arbitrary

• The nature of time

• Money is a tool of information

• Proof of work in ancient history

…And so much more in today’s Guy’s Take!

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Bitcoin & the Printing Press

“As books became more accessible and affordable, individuals were now personally consuming, reflecting upon and critiquing written texts. It was an idea meritocracy. No longer was “truth” conferred solely by the ordained to the illiterate masses inside of churches.” – Anil

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Bullish on Bitcoiners

“After all, Bitcoin is just a tool, and it’s only revolutionary in so far as its unique attributes generate novel possibilities for action — that is to say, new behaviors.” –John Vallis

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Happy HODL Day!

“GF’s out at a lesbian bar, BTC crashing WHY AM I HOLDING? I’LL TELL YOU WHY…” – GameKyuubi

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The Untold Story of the First Bitcoin War

“With his choice of words, Taaki had outed an elephant in the room. It was true, Nakamoto had enacted soft forks, but by late 2011, the network no longer operated as it did in those early days.” – Aaron & Pete

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Bitcoin at 12

“I believe Bitcoiners have this in common. They recognize that they have undertaken a near-hopeless task. Creating a global, neutral, apolitical settlement medium and standard of value will not happen overnight. We have barely begun the project.” – Nic Carter

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