Read_286 – Money, Bitcoin & Time [Part 1 – Robert Breedlove]

Today we start into an amazing and broad work that tackles the entire argument for Bitcoin, from the origins and nature of money, to the cost and value of time, by Robert Breedlove titled, “Money, Bitcoin and Time.”

• How does an economy grow?
• Why do we even need money?
• How extraordinary are the benefits of indirect exchange?
• What makes a money sound?

Check out the original piece, and read along for a better understanding by following the link below. You’ll find this piece plus tons of other great reading.
https://www.parallaxdigital.io/blog

Don’t forget to follow @breedlove22 on Twitter so you don’t miss some awesome threads!
https://twitter.com/Breedlove22

Mentioned on the Show:
A must listen if you haven’t heard it, “I, Pencil” – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_123—I–Pencil-e2ndqm

My everyday mission now is to turn every piece of incredible work that sheds light on the understanding of Bitcoin & makes more clear the future of the Cryptoconomy that we seek to build, into the audio version it deserves! Become a patron to help me get that done!  Plus, you’ll get to join us in the Cryptoconomy Crew Telegram!
https://www.patreon.com/thecryptoconomy

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Read_285 – Proof of Life [dergigi]

“Ralph Merkle… made the argument that Bitcoin is the first example of a new form of life. In this article series, I intend to take this claim seriously, explore it further, and see what can be gleaned from viewing Bitcoin as a living organism.”

Today we read and discuss the first part of a promising new series from Bitcoin enthusiast and author @DerGigi, titled “Proof of Life.”  It will be the perfect precursor to tomorrow’s interview with @Dergigi and @bquittem all about the nature of Bitcoin’s decentralized organism!  You will hate yourself if you miss this one!

Drop some serious applause on the article over at Gigi’s Medium page, and don’t forget to follow him on Twitter as well:
https://medium.com/@dergigi/proof-of-life-fa28fdc002fe

For more great content on this same line of thought, Quittem’s Mycelium series provides brilliant accompaniment, start with Part 1 below:
Original:
https://medium.com/@BrandonQuittem/bitcoin-is-a-decentralized-organism-mycelium-part-1-3-6ec58cdcfaa6
Audio:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_201—Bitcoin-is-a-Decentralized-Organism—Mycelium-Part-1-e2sarg

A shout out to our newest patron, Coley Wommack!! If you would like to join us in the Cryptoconomy Crew Telegram Group, become a patron and help support my work at turning every brilliant piece of literature around Bitcoin and the Cryptoconomy into the audiobook version it deserves!! Love you guys!
https://www.patreon.com/thecryptoconomy

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

Read_284 – Bitcoin is the Antivirus [Brandon Quittem]

Our monetary system has confiscated trillions in resources and value by corrupting the very incentives that keep our economy healthy and resilient… in that world, what role does Bitcoin play?
Today we read and discuss the fascinating metaphors in Part 3 of Brandon Quittem’s excellent series on the Bitcoin Organism – “Bitcoin is the Antivirus to Uncertainty”
https://medium.com/@BrandonQuittem/bitcoin-is-the-antivirus-mushroom-medicine-part-3-4-fd1e6606a3f8

Don’t forget to check out Parts 1 & 2 below, links to the audio as well as the original articles.
Bitcoin is a Decentralized Organism: https://medium.com/@BrandonQuittem/bitcoin-is-a-decentralized-organism-mycelium-part-1-3-6ec58cdcfaa6
Part 1 Audio: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_201—Bitcoin-is-a-Decentralized-Organism—Mycelium-Part-1-e2sarg
Bitcoin is a Social Creature: https://medium.com/@BrandonQuittem/bitcoin-is-a-social-creature-mushroom-part-2-3-6a05c3abe8f0
Part 2 Audio: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_224—Bitcoin-is-a-Social-Creature–Mycelium-Part-2-e3iq3u

Follow Brandon Quittem so you don’t miss the incredible work and perspective he contributes to the space:
https://twitter.com/bquittem

Support the show and help me turn every amazing work of written content on Bitcoin and the Cryptoconomy into audio by becoming a patron!
https://www.patreon.com/thecryptoconomy

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Read_283 – Invalid Blocks Need Not Apply [StopAndDecrypt]

Everything that defines the Bitcoin network is in the validation rules, and the nodes are its enforcers.  An impenetrable fortress of validation.  

Because it deserves an episode of its own, today we read @StopandDecrypt’s excellent breakdown of the Bitcoin network and the critical importance of fully validating nodes.  Originally an excerpt from a much longer article covered on the show, “Sharding Centralizes Ethereum.”

Drop some major applause on the original article below and don’t forget to explore the graphics for some amazing visualizations of the concepts discussed:
https://medium.com/hackernoon/bitcoin-miners-beware-invalid-blocks-need-not-apply-51c293ee278b

Support the show and help me turn every amazing work of written content on Bitcoin and the Cryptoconomy into audio by becoming a patron!
https://www.patreon.com/thecryptoconomy

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

Read_282 – The Right to Read [Richard Stallman]

Do we live in an age of liberty, where information is freely accessible, or an age of heavy-handed copyright restrictions where we are losing the ownership of the very devices we hold in our hands? If I had to judge, it’s probably a bit of both.  

Today we read a fascinating short story that I just recently ran across at the NakamotoInstitute.org by Richard Stallman, a dystopian tale of a future where we have to fight, for our “Right to Read.” Thanks to SNI for making the work available, I wouldn’t have found it otherwise.  And a thanks to Richard Stallman for the incredible decades long fight he has put up for a Free & Open Source Society!

Check out the Nakamoto Institute for this and an incredible list of other literature to explore.
https://nakamotoinstitute.org/right-to-read/

Shout out to our first Patron, Jesse Lawler! Thanks so much for supporting the show, plus all the help you’ve been over the last year, and of course, welcome to the Cryptoconomy Telegram Crew! If anyone else wants to support the audification of all brilliant things written about Bitcoin, become a patron and help make it happen.
https://www.patreon.com/thecryptoconomy

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

Read_281 – Unpacking Bitcoin’s Assurances [Nic Carter]

We make claims about Bitcoin’s assurances all the time.  It is censorship resistant, it’s open and permissionless, it’s counterfeit proof, etc.  But are these things entirely true? When someone wants to acquire, use, or validate Bitcoin, how well do the claims match reality?

Today we cover another great article from @nic_carter titled: “Unpacking Bitcoin’s Assurances.”  Don’t forget to follow Nic on Twitter and Medium, and drop some applause on the original article at the link below:
https://medium.com/@nic__carter/unpacking-bitcoins-assurances-a3c98824d3f0

Mentioned again because it always seems to come up in discussion, the great piece by @hasufl and @zhusu about Bitcoin as an independent system for property rights:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_225—Bitcoin–the-Promise-of-Independent-Property-Rights-e3j6b8

If you love the show and would like to support and get access to the exclusive Cryptoconomy telegram group, become a patron below!
https://www.patreon.com/thecryptoconomy

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

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!
https://www.patreon.com/thecryptoconomy

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

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!

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

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:
http://go.thoughtleaders.io/1195920190731

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

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

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

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

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

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

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