Guy’s Take #40 – Double Spends & Wittgenstein’s Money
What the hell is everyone squealing about regarding this “critical flaw” and “confirmed double spend” on the Bitcoin network? Is this another 2013 bug, or a giant nothing burger? Guy dives into it on today’s episode and then gets into the follow-up to Wittgenstein’s Money, the amazing piece by Allen Farrington that we covered in the previous episode on the show. What is value, what is money, & what would it seem like if it did seem like a money was emerging from zero?
Don’t miss today’s Guy’s Take episode! Other great must watch/listen pieces discussed in this episode:
How I made a Toaster from Scratch
https://www.youtube.com/watch?v=5ODzO7Lz_pw
I, Pencil
https://bitcoinaudible.com/?p=1668
Don’t forget to explore our awesome sponsors and their products at the links below:
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_488 – Wittgenstein’s Money [Allen]
“What would it seem like if it did seem like a global, digital, sound, open source, programmable money was monetizing from absolute zero?” – Allenf32
Today’s piece is a remarkable and just fun article that dismisses defending Bitcoin against the static arguments that can’t be money because it is too volatile to “store value,” isn’t a widely used “unit of account,” & isn’t used as a “medium of exchange,” but rather it flips the perspective on its head. Instead of trying to prove that Bitcoin is or will be money, why don’t we go back to the beginning and ask what it *would* look like, if a new digital money was being monetized from zero?
This is one of my favorite of recent episodes, and we will have an awesome Guy’s Take on this soon, so don’t forget to subscribe! Check out the original article and drop massive applause on this piece at Allen’s medium page:
https://allenfarrington.medium.com/wittgensteins-money-7cac8d0635cf
Don’t forget to explore our awesome sponsors and their products at the links below:
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
