Read_289 – Bitcoin & Me [Hal Finney]
Harold Thomas Finney (May 4, 1956 – August 28, 2014)
In one of his last posts on the BitcoinTalk forums, Hal Finney posted a short message about his past, finding Bitcoin, working with Satoshi, coming to terms with his disease, and the legacy he was leaving behind. On this day in 2014 we lost a true cypherpunk. Hal’s, Bitcoin and Me
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Read_288 – The Economic Nervous System – Money, Bitcoin, & Time [Part 3 – Robert Breedlove]
Today we continue our journey through Robert Breedlove’s thorough work by completing section 1 on the incredible history & profound nature of money.
• How prices are the economic nervous system
• Histories of failed monies
• When gold lost its soundness
• The Gilded Age
• The Century of War
• Skin in the game
• Free Markets vs Socialism
You’ll find this amazing work plus much more at parallaxdigital.io/blog
Further reading, listening, & exploration mentioned in today’s show:
Use of Knowledge in Society
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250—Use-of-Knowledge-in-Society-Part-1-e43pfj
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251—Use-of-Knowledge-in-Society-Part-2-e444k0
The Island of Stone Money
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_262—The-Island-of-Stone-Money-e4d6m0
All Wars are Bankers Wars
https://www.youtube.com/watch?v=5hfEBupAeo4
Nassim Taleb’s “Skin in the Game”
https://www.amazon.com/Skin-Game-Hidden-Asymmetries-Daily/dp/042528462X/ref=sr_1_1?keywords=skin+in+the+game&qid=1567028769&s=gateway&sr=8-1
If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below!
https://patreon.com/thecryptoconomy
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Read_287 – Money is a Social Network – Money, Bitcoin & Time [Part 2 – Robert Breedlove]
The network effects that tie society together through its community, language, and money are both incredibly powerful, and very difficult to measure. We continue with Robert Breedlove’s broad piece covering all of the core ideas that make Bitcoin the powerful innovation it is, and detailing exactly what it is changing, with a deep historical context.
• Money is a social network
• “Hardness” is #1
• The 7 characteristics of a monetary good
• The nature of prosperity
• How economies grow
So many fascinating concepts and related stories to share on this one. In the next section we will start back with “The Economic Nervous System” and how the natural emergence of prices creates the incentives to organize and direct our actions. So much more to come, don’t forget to subscribe!
Don’t forget that you can find this incredible work and much more at parallaxdigital.io/blog
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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
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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
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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
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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
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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
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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:
http://go.thoughtleaders.io/1195920190731
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