“What is money? That is the beginning of the real rabbit hole.”
Like the process of going bankrupt, how fiat money inflates, and what it feels like to learn Bitcoin… it happens gradually, then

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

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

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

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,

“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

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

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

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?

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

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

“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

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

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

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.

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

What if we already had a solution to one of the biggest threats to the Bitcoin network, but simply weren’t implementing it? Today we read another great piece by @stopanddecrypt breaking down the numerous vulnerabilities

What if there was a single, fundamental flaw in Keynesian economic theory that could shed light on the major imbalances and debts that have resulted from our monetary system? Does “spending” and consumption of resources