Read_944 – Proof of Work in the Real Economy
May 10, 2026
“If your money isn’t sound, it is not reflecting any proof of work. It is not reflecting anything about who should be able to consume,
“If your money isn’t sound, it is not reflecting any proof of work. It is not reflecting anything about who should be able to consume,
“It is not markets that made money possible. It is collectibles, which we now call money, that make markets possible.”
~ Nick Szabo
In this roundtable, we sit down with Steve, Mechanic, and Jeff, and honestly, we struggle to stay on Bitcoin for half of it. Our catch-up
“They say the ruler is bent, then use the bent ruler to measure the table.
They say the clock is broken, then solemnly read
“When you really dig into the heart of how finance, how our monetary system and how our political system work, and how deeply married they
“The whole point of libertarianism is that we should recognise that we don’t know how to plan the world. We don’t know what the solution
“The idea that some authority can deduce the correct level of this balance is not merely wrong, it is not even wrong, it is methodologically
“The fiat economist universally chooses to set the printing press to brrrrrrrrrr. While the enlightened elite watch their stock portfolios moon and their debts disappear,
“what matters now is not belief, but endurance.bitcoin does not promise comfort. it does not promise justice. it does not promise to save anyone. it
“I think there will come a point where you get excessive, you swing too far on the individual side of the spectrum, and then it
“This piece is my attempt to finally map the terrain I’d been circling for years: Bitcoin’s hardness, its fragility, its human governance, and its uneasy
“We are trying to make it possible for people to use computers as simple of a statement as this: use computers, without intermediaries and custodians.
Bitcoin Audible brings the signal through the noise. Deep dives, bold takes, and the future of money—one episode at a time.