“How does anyone censor something abstract and intangible; something that can consist of an arrangement of numbers and letters, and can be transported via any medium? What do you do? Ban pen and paper? Phone calls and the spoken word? Smoke signals? Morse code? To what end?” – Grubles Are you hoping to censor Bitcoin?…
Read More“one of the main reasons for Bitcoin’s success is something that resonates with us as humans on a much deeper level: the primal elements of its brand, which when combined, turn it into a belief system.” – Paulo Sacramento Today we go deeper than the technical aspects of Bitcoin, less about the code and innovation…
Read MoreNo matter how often we cover these ideas, it still seems astonishingly common for new people to fall into the same old fallacies and the same misguided thinking. In this episode I try to cover all the major problems with the “raise the blocksize” mentality, and why its thinking incorrectly about what the system even…
Read More“Bitcoin’s security guarantee comes from the direct conversion of unforgeable energy into a fixed supply unit on an incorruptible monetary network. There is no alternative that exists that is more sound, efficient, effective and rooted in the physical laws of the very universe itself.” – Aleks Svetski What is the true nature of our government…
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“Bitcoin’s security guarantee comes from the direct conversion of unforgeable energy into a fixed supply unit on an incorruptible monetary network. There is no alternative that exists that is more sound, efficient, effective and rooted in the physical laws of the very universe itself.” – Aleks Svetski
What is the true nature of our government systems and what are the consequences of collectivism. These are not only fundamental questions to understanding the problems of society today, but their exploration also enlightens how these very fallacies & failed systems are propped up by the nature of fiat money itself.
For the original article with lots of links and graphics to expand on the discussion, check out the link below:
https://svetski.medium.com/fiat-fascism-and-communism-d185e66733b
Other great works mentioned in this episode to dig further into these ideas:
Anatomy of the State [Rothbard]:
Part 1 – https://bitcoinaudible.com/anatomy-of-the-state-part-1/
Part 2 – https://bitcoinaudible.com/anatomy-of-the-state-part-2/
The Use of Knowledge in Society [Hayek]:
Part 1 – https://bitcoinaudible.com/hayeks-use-of-knowledge-in-society-part-1-2/
Part 2 – https://bitcoinaudible.com/use-of-knowledge-in-society-part-2/
Guy’s Take #36 – Walking Tall:
https://bitcoinaudible.com/guys-take-36-walking-tall/
It Starts With Food
Don’t forget to get your BitBox02 with discount code “GUY” for 5% off at guyswann.com/bitbox
You should already be stacking, but take the work out of it by do it automatically with Swanbitcoin.com/guy (free sats to start your plan)
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read More“It is truly impossible for the petrodollar system to be green when it is based on black gold.” – Alex Gladstein Today we have another brilliant piece by Alex Galdstein, published on Bitcoin Magazine about the Petrodollar system, how it came about, why it has stuck around, & the horrible costs of maintaining it that…
Read MoreHyperbitcoinization is defined by the Nakamoto institute as “a voluntary transition from an inferior currency to a superior one, and its adoption is a series of individual acts of entrepreneurship rather than a single monopolist that games the system.” – Knut Svanholm The FOMO is going to be out of this world, & both the…
Read More“To be sure, by the waning days of 2010, Satoshi Nakamoto was still acknowledged for inventing Bitcoin, and was respected for growing the world’s first decentralized digital currency into a $1 million market. But as frustrations with his authority and availability built, it became all too common for users to decry Satoshi the admin[X], Satoshi…
Read More“Bitcoin miners are unique energy buyers in that they offer highly flexible and easily interruptible load, provide payout in a globally liquid cryptocurrency, and are completely location agnostic, requiring only an internet connection. These combined qualities constitute an extraordinary asset, an energy buyer of last resort that can be turned on or off at a…
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“Bitcoin miners are unique energy buyers in that they offer highly flexible and easily interruptible load, provide payout in a globally liquid cryptocurrency, and are completely location agnostic, requiring only an internet connection. These combined qualities constitute an extraordinary asset, an energy buyer of last resort that can be turned on or off at a moment’s notice anywhere in the world.” – Square & ARKinvest
The “Bitcoin destroys the environment” argument is over for anyone who hasn’t lost the ability to think clearly. A new paper from Square and their clean energy initiative and how Bitcoin mining will change everything.
For the full paper and links to further breakdown and discussion on the topic, check out the source below:
https://assets.ctfassets.net/2d5q1td6cyxq/2D2BnksJjavw4a6SUvAPwZ/c42a9e3a520b0cc3b230cda3b43eead5/BCEI_White_Paper_.pdf
Don’t forget to get your keys safely in your own possession, with a secure, open source hardware wallet, the BitBox02!
And stack automatically, withdrawing for free to your BitBox, using the best auto-DCA service in the biz, SwanBitcoin.com/guy
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
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