Read_310 – Sovereignty Through Mathematics – Part 3 [Knut Svanholm]
Another awesome read as we continue through Knut Svanholm’s excellent book, “Sovereignty Through Mathematics.” Part 3 goes into so many fascinating concepts on the nature of proof of work, and the zero-to-one invention of absolute digital scarcity.
• Proof of Work in nature
• Unforgeable Costliness
• Absolute scarcity
• Bitcoin’s & marshmallows
& much more!
Don’t forget to follow and give a shout out to the author for making this available for free to the Cryptoconomy crew!
https://twitter.com/knutsvanholm
Mentioned in the commentary:
• Money, Blockchains, & Social Scalability
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_066—Money–Blockchains–and-Social-Scalability-e2ndsj
Subscribe to the show so you don’t miss the rest of this amazing work as we read it this week. And if you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
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Read_309 – Sovereignty Through Mathematics – Part 2 [Knut Svanholm]
Continuing through our unabridged reading of Knut Svanholm’s excellent book available on Amazon, “Bitcoin: Sovereignty Through Mathematics.”
• The inevitability of human bias
• The absurdity of fractional reserve
• Dangers of collectivism
• Bitcoin is Speech
• The Immaculate Conception
• And why decentralization is so damn hard!
https://www.amazon.com/Bitcoin-Sovereignty-mathematics-Knut-Svanholm/dp/1090109911/ref=sr_1_1?keywords=sovereignty+through+mathematics&qid=1571692865&sr=8-1
Other episodes and works mentioned in the show to dive deeper into some of the fascinating ideas discussed in today’s read & commentary:
Why America Can’t Regulate Bitcoin [beautyon_]
– https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_260—Why-America-Cant-Regulate-Bitcoin-beautyon_-e4b4s8
I, Pencil [Leonard Reed]
– https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_123—I–Pencil-e2ndqm
Use of Knowledge in Society [F.A. Hayek]
– https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250—Use-of-Knowledge-in-Society-Part-1—F–A–Hayek-e43pfj
Subscribe to the show so you don’t miss the rest of this amazing work as we read it this week. And if you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
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Read_308 – Sovereignty Through Mathematics – Part 1 [Knut Svanholm]
Today we begin through this weeks complete unabridged reading of Knut Svanholm’s recent book available on Amazon, “Bitcoin: Sovereignty Through Mathematics.” Another great piece to add to our audio library.
• Everything we do is a trade
• What is the impact of absolute scarcity, an idea we have never before seen manifested in society?
• And are we all now financial atheists?
Don’t miss Chapters 1 & 2 today followed by a fun discussion of the ideas covered.
https://www.amazon.com/Bitcoin-Sovereignty-mathematics-Knut-Svanholm/dp/1090109911/ref=sr_1_1?keywords=sovereignty+through+mathematics&qid=1571692865&sr=8-1
Subscribe to the show so you don’t miss the rest of this amazing work as we read it this week. And if you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
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Read_307 – The (flawed) Economics of Bitcoin Maximalism
Does Bitcoin maximalism fail the test against the economics of Ludwig Von Mises & Charles Menger, both giants of the Austrian school? Have we sacrificed sound money by limiting block space?
For a change of pace, today’s read & discussion is on @SallyMayweather’s article arguing the inevitable failure of BTC.
http://saltheagorist.blogspot.com/2019/08/the-economics-of-btc-maximalism.html
Don’t forget to check out the amazing works of Menger & Mises to learn more:
https://mises.org/library/origins-money-0
https://mises.org/library/principles-economics
https://mises.org/library/theory-money-and-credit
Let me know what you think, and join us in the Cryptoconomy Telegram to discuss with the rest of the crew! Become a supporter on Patreon to get access and also support turning all of the best articles in Bitcoin into audio!
www.patreon.com/thecryptoconomy
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Read_306 – Bitcoin Does Not Waste Energy [Parker Lewis]
“There is no more important long-term use of energy than securing the bitcoin network.” Parker Lewis
Want to know why? Then you will have to listen to this amazing continuation of the “Gradually, Then Suddenly” series by Parker Lewis on the Unchained Capital blog. With endless FUD about Bitcoin’s energy consumption & a total ignorance of the most critical & herculean problem Bitcoin is attempting to solve, this article could not be more on point.
Check out the blog for other great work, and follow Parker & Unchained Capital on Twitter so you don’t miss their other great content!
https://www.unchained-capital.com/blog/bitcoin-does-not-waste-energy/
https://twitter.com/parkeralewis
https://twitter.com/unchainedcap
You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
https://www.patreon.com/thecryptoconomy
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Read_305 – Addressing Security Concerns with the Casa Node [Jameson Lopp & Brian Lockhart]
Recently, a bit of Twitter drama has arisen from a post that started with @JWWeatherman_’s disclosure of a perceived critical bug in the Casa Node device. Today, to start off a discussion of home network security, what self-signed certificates do/don’t guarantee, and the general trade-offs between security and usability, we read CasaHODL’s blog post responding to JW’s concerns, and then we get Guy’s take on this as a Casa Node user.
Decide for yourself and let me know what you think. Below is a link to the Casa Blog post, as well as JW’s thread where he lays out his concerns:
https://twitter.com/CasaHODL/status/1183491711328276480?s=20
https://twitter.com/JWWeatherman_/status/1183510441844195329?s=20
To stay up on all the crazy developments in the space, don’t forget to subscribe to show!
Disclaimer: Casa does not sponsor this show and has not contacted me about reading this post.
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Read_304 – Bitcoin Astronomy [Part 2 – Dhruv Bansal]
Continuing the wonderfully fascinating piece from yesterday’s episode, all about the dynamics & game theory at play in a hash war between Mars’ Muskcoin, and Earth’s Bitcoin; as well as the gold rush to colonize the galaxy and establish a new blockchain (or timechain), outside the pull of Earth’s center of hash.
Reading Part 2 of Dhruv Bansal’s: Bitcoin Astronomy
If you missed part one, listen to it here before diving into today’s show:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_303—Bitcoin-Astronomy-Part-1—Dhruv-Bansal-e6eqo5
You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
https://www.patreon.com/thecryptoconomy
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Read_303 – Bitcoin Astronomy [Part 1 – Dhruv Bansal]
Equal parts entertaining & intellectually intriguing, we start with Part 1 of Dhruv Bansal’s wonderful piece, Bitcoin Astronomy! The interplanetary center of hash, the Law of Hash Horizons, the Muskcoin Revolution, retaliation of the Bitcoin Empire, and the total economic devastation of the Hash Bomb! How could you not want to know more?
Another one from the excellent content over at the Unchained Capital Blog:
https://www.unchained-capital.com/blog/law-of-hash-horizons/
You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
https://www.patreon.com/thecryptoconomy
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_302 – Bitcoin is Not Too Volatile [Parker Lewis]
To think that a hard monetary asset, with a perfectly inelastic supply, could go from a $0 market with no infrastructure, liquidity, or demand, to a global monetary instrument with vast infrastructure, the highest market liquidity, demanded by billions, but that this could somehow occur *without* volatility in the price, is an absurd & deeply ignorant claim. Thoroughly debunked by Parker Lewis in the continuation of his amazing “gradually, then suddenly” series at Unchained Capital.
Bitcoin is Not Too Volatile:
https://www.unchained-capital.com/blog/bitcoin-is-not-too-volatile/
You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
https://www.patreon.com/thecryptoconomy
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_301 – Bitcoin Equals Freedom [Ross Ulbricht]
Following the anniversary of Ross Ulbricht’s arrest, and the fall of the Silk Road experiment, we read a short but extraordinary piece, hand written in a cell by Ross, on Bitcoin’s promise of freedom. What did those first adopters, when Bitcoin had no price and no market, what did they see in those digital bits? How did Bitcoin achieve its first value, and what did it mean for our world?
Don’t forget to go to FreeRoss.org and sign the petition to bring attention to his injustice.
https://freeross.org
And check out the amazing (and infuriating) series, Railroaded: The Targeting & Caging of Ross Ulbricht
https://freeross.org/railroaded/
If you would like to support this show, become a patron & you will not only ensure I can keep making all of this content available, but you’ll also get to join the Cryptoconomy Crew in our Telegram group where we talk about all sorts of crazy stuff and get to share in this new world we get see grow.
https://www.patreon.com/thecryptoconomy
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Read_300!! – The Crypto Anarchist Manifesto [Timothy C. May]
Quick Read #300!!! Hard to believe we have come this far withou the show. For this milestone it’s time to take it back to the philosophical roots of the movement that lead to the community, the ideas, and the drive to create Bitcoin and the other tools enabling a future with a free, open, & global cryptoconomy!
From the father of the crypto anarchist movement and from its very beginnings in 1988, today we read: The Crypto Anarchist Manifesto
https://www.activism.net/cypherpunk/crypto-anarchy.html
This isn’t just a technology, it’s a revolution. Tim May could see that truth from the very beginning.
If you want to join in the Cryptoconomy Telegram and help support turning all of the best Bitcoin literature into audio, become a patron below!
www.patreon.com/thecryptoconomy
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Read_299 – Announcing Olympus! From Fiat to Lightning in Seconds [Jack Mallers]
Every so often a major development comes along that combines the available tools and you suddenly see a sharp image of what the future could look like. With Olympus, a new service from Jack Mallers & fam, getting a lightning balance and immediately spending it is as simple as the swipe of your debit card. Lightning is striking, and big things are brewing on the horizon.
Check out the original article to see the video of Jack demonstrating the service & drop some major applause while you’re there!
https://medium.com/@JimmyMow/announcing-olympus-lightning-enabled-fiat-ramps-by-zap-1f5349a96ee9
Check out the new site & sign up for the Beta at the links below:
https://www.zaphq.io
https://fiattolightning.com
If you’d like to support the Cryptoconomy Project and also join in on the fun in our Telegram group, become a patron below!
https://www.patreon.com/thecryptoconomy
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