The free market works because economic decisions are made by people who have skin in the game. When you spend $100 you have earned, you understand the cost. It was your sweat the created the

The election of Javier Milei is unlikely the be the next El Salvador, but I don’t think it needs to be in order to be significant. There is something deeper going on for Javier to

Is Bitcoin destined to become another fiat system? Where we end up in a world where the dominant instrument isn’t Bitcoin at all, but just more IOUs? Where Bitcoin substitutes replace real Bitcoin? Does it

LIGHTNING IS DEAD! Did you hear about the new exploit discovered that may be the “nail in the coffin” of the broken and defeated Lightning network? I bet you did, but did anyone you heard

I hope you listened to the recent read by Beautyon, Bitcoin and Software Reliability, because today we continue our FUD Relief series. I suspect you have heard the claim that “Bitcoin doesn’t innovate” and that

A deflationary money is going to destroy the economy! If the value of money keeps going up, then no one will ever spend it! If no one spends it, then the economy will fall into

With so many common misconceptions about money, how can we possibly make sense of Bitcoin for customers who have spent their entire lives using only a single product, and know almost nothing about it? Without

Ai agents are going to be able to seek out, delegate, and pay for micro services from an ecosystem of other agents & services. But the resources being share will be delivered instantly, and irreversibly

With the banking crisis just getting started, with the SEC going after Binance and Coinbase, with rumors of Prime Trust declaring bankruptcy, it is no better time than now to take advantage of the most

Bitcoin is a public good. The maintenance and stewardship of the network rests on the conviction and work of 10s or 100s of thousands of node operators who work to validate and ensure consistency among

Prices are relative, Bitcoin is infinitely scalable, stability for the sake of stability is undesirable, maximal instability in prices maximizes resilience in the markets, and so much more. Today we dive into a bit of

There is no magic wand. There is no such thing as a free lunch. When we bail out an institution, a bank, or “depositors” for billions of dollars, someone else LOSES billions of dollars worth

Today we break into the racket that is the IMF and World Bank monetary imperialism. Piggy backing off Gladstein’s remarkable piece detailing the horrific consequences of this system and the clear intent and disregard for

How much economic ignorance can you fit into 1 minute and 54 seconds? Well apparently its quite a lot. Peter Zeihan confidently embarrassed himself on Joe Rogan’s podcast recently by going on a short rip

There are about a million claims out there as to what blockchains are going to fix, and how NFTs are going to be used to unlock your house, and how DAOs will be used to

Today we explore a highly earned Guy’s Take for Dergigi’s “Bitcoin is Digital Scarcity” as well as using a core part of his framing to make sense of a few fundamental ideas behind Bitcoin. Recently

“Bitcoin is not merely a network, it’s a foundation for an anti-authoritarian political movement in an increasingly authoritarian world. If you’re looking for why so many people are deeply passionate about Bitcoin & nothing else,

“I think there are some important economic errors in the stories I see people telling about crypto, on Twitter and elsewhere — errors that have important implications for how we should think about the value