An Honest Account of Fiat Money
“While sovereign money has undeniably led to a lot of abuse, as evidenced by instances of hyperinflation, seizures or capital controls, the absence of all control brings problems of its own.”
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Shelling Out – The Origins of Money
“The precursors of money, along with language, enabled early modern humans to solve problems of cooperation that other animals cannot – including problems of reciprocal altruism, kin altruism, and the mitigation of aggression. These precursors shared with non-fiat currencies very specific characteristics – they were not merely symbolic or decorative objects.” – Nick Szabo
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Shelling Out, The Origins of Money – Part 4
Part 4! Today we finally conclude Nick Szabo‘s essential work, Shelling Out: The Origins of Money! A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who revolutionized it.
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Shelling Out, The Origins of Money – Part 3
Part 3! of our journey through Nick Szabo’s incredible work, Shelling Out: The Origins of Money. A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who revolutionized it.
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Shelling Out, The Origins of Money – Part 2
Part 2! of our journey through Nick Szabo’s incredible work, Shelling Out: The Origins of Money. A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who revolutionized it.
Read More
Shelling Out, The Origins of Money – Part 1
Today we begin our journey through Nick Szabo’s incredible work, Shelling Out: The Origins of Money. A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who revolutionized it.
Read More
How Cypherpunks Changed Economics for the Digital Age
Vijay Boyapati details in a Twitter thread, the brilliant but subtle shift that cypherpunks discovered in the economic concept of scarcity that made the revolutionary technology of #Bitcoin possible.
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Bitcoin as a Conflict Prevention Protocol
“To borrow from Nick Szabo, Bitcoin is a socially scalable, conflict preventing protocol.” – Tuur Demeester
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Governments & Central Banks Should Look to Gold not Crypto
“…The age of controlled money had arrived — and with it, world wars, depression and inflation, enormous government indebtedness, and the rise of leviathan states that learned to print their way to power and riches.” –Jeffrey Tucker
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Media Coverage of Bitcoin is Still a Total Disaster
“I’m going to expose the Washington Post/Wonkblog piece for the nonsensical ramble that it is… in short, it relies on mistaken assumptions to paint a misleading picture of the world.” –Nic Carter
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