Read_636 - What is Money Anyway? Part 1 [Lyn Alden]
Bitcoin Audible15 Heinä 2022

Read_636 - What is Money Anyway? Part 1 [Lyn Alden]

"If a money (the most salable good) is easy to create more of, then any rational economic actor would just go out and create more money for herself, diluting the whole supply of it. If an asset has a monetary premium on top of its pure utility value, then it’s strongly incentivizing market participants to try to make more of it, and so only the forms of money that are the most resistant to debasement can withstand this challenge." - Lyn Alden The true rabbit hole of Bitcoin begins at the question, "What is Money?" It is the heart of Bitcoin's fascinating nature, and its historical breakthrough. If you were looking for an entry point to the Bitcoin idea, Lyn Alden brings a phenomenal piece by asking the simple question, that ultimately unlocks a never ending rabbit hole... "What is Money, Anyway?" This will take a few episode to get through entirely, so let's get started... Link to Lyn Alden's piece and the incredible other work she has on her blog: https://www.lynalden.com/what-is-money/ Other great works to explore: Nick Szabo - Shelling Out: https://bitcoinaudible.com/reboot-shelling-out-the-origins-of-money-nick-szabo/ Wittgenstein's Money: https://open.spotify.com/episode/1eVvYlfTRG7zGjkZW8klIE?si=02d4eaa72fe642c4 Check out our amazing sponsors and the products that Guy uses most in the space: • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20% OFF with code BITCOINAUDIBLE (guyswann.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Coinkite.com Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

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Roundtable_021 - The Fight is Never Over

Roundtable_021 - The Fight is Never Over

The whole crew is back for another roundtable, and things get wild right out of the gate. I sat down with Steve, Mechanic, and Jeff to talk through the absolute mess that is the current state of thing...

9 Kesä 1h 55min

Chat_169 - Bitcoin Proving its Case with Walker America

Chat_169 - Bitcoin Proving its Case with Walker America

"Bitcoin is being embraced by the U.S. and the U.S. financial system and it is it being embraced by Iran and the Iranian regime at the exact same time and both of them know that they can use it withou...

2 Kesä 1h 6min

Read_946 - When the Experimenter Fails the Marshmallow Test

Read_946 - When the Experimenter Fails the Marshmallow Test

"Generation X and the millennials both tried to do everything right, according to what the boomers told them was the path forward: save money, study hard, get a ‘job’. At every stage we got rugpulled....

31 Touko 44min

Read_945 - Milei's Austrian Scam by the Numbers

Read_945 - Milei's Austrian Scam by the Numbers

"The peso scam is around a thousand times larger than the Libra scam, and its victims are the poorest, about 95% of Argentines." ~ Saifedean Ammous Javier Milei swore he'd burn down Argentina's centra...

27 Touko 55min

Chat_168 - Hashing for Heat with Tyler Stevens

Chat_168 - Hashing for Heat with Tyler Stevens

"Our little home controller, building controller, it knows our electric rate, it knows the way that electric rate changes based on the time of day. It knows the PV flux, the solar flux from the solar ...

21 Touko 1h 54min

Chat_167 - Why Your Keys Matter with Seed

Chat_167 - Why Your Keys Matter with Seed

"If you think of River or Gemini or Coinbase or whatever, think of all of those as silos and how people custody Bitcoin. If some sort of compromise were to come into the Bitcoin ecosystem at the priva...

14 Touko 2h 14min

Guy's Take_107 - Free Rent for the Rich

Guy's Take_107 - Free Rent for the Rich

"It's often discussed that arbitrarily lowering interest rates and the zero interest rate policy era leads to massive recklessness and unethical and irresponsible behavior. But there's something even ...

13 Touko 41min

Read_944 - Proof of Work in the Real Economy

Read_944 - Proof of Work in the Real Economy

"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, or how much there is available to consume. It's just being corrup...

10 Touko 35min