The Bitcoin Reformation – by Tuur Demeester
INTRODUCTION
At the end of the 16th century, a rag tag group of rebel intellectuals and entrepreneurs founded a country on some of the least desirable land in Europe—so often flooded that it needed hundreds of miles of moats – while fighting an eighty year long war against the largest empire in the world.
From this struggle and melting pot of ideas emerged the Dutch and British golden ages, innovative economic institutions that changed the world, as well as one of America’s most successful socio-economic experiments: New York City.
This report makes the case that the 21st century emergence of bitcoin, encryption, the internet, and millennials are more than just trends; they herald a wave of change that exhibits similar dynamics as the 16-17th century revolution that took place in Europe.
…
Author – Tuur Demeester
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Read_322 – The World Has Gone Mad… [Ray Dalio]
The World Has Gone Mad, & the System is Broken. Ray Dalio drops a bomb recently with his post showing the sorry state of our money, the cracks in our world monetary system, and the coming paradigm shift. A short piece that requires much ranting, don’t miss it.
Link to the original post and Ray Dalio’s twitter page:
https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/
https://twitter.com/RayDalio
Other great works mentioned in this show:
The Case for Electronic Cash
https://anchor.fm/thecryptoconomy/episodes/The-Case-for-Electronic-Cash-Jerry-Brito-e3rhj6
Use of Knowledge in Society – Parts 1 & 2
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250—Use-of-Knowledge-in-Society-Part-1—F–A–Hayek-e43pfj
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251—Use-of-Knowledge-in-Society-Part-2—F–A–Hayek-e444k0
How is Fiat Money Possible – Parts 1-3
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_234—How-is-Fiat-Money-Possible-Part-1—Hans-Hermann-Hoppe-e3odu1
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_235—How-Is-Fiat-Money-Possible-Part-2—Hans-Hermann-Hoppe-e3oon2
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_236—How-Is-Fiat-Money-Possible-Part-3—Hans-Hermann-Hoppe-e3p2k1
And if you want to start down a rabbit hole…
WTFHappenedin1971.com
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Read_321 – Bitcoin is Not Too Slow [Parker Lewis]
The 5th installment of the always fascinating “Gradually, then Suddenly” series from Parker Lewis and Unchained Capital. What is the real problem that Bitcoin solves, and how does it compare to the alternatives? Are mass payments an impossible problem, and isn’t Bitcoin too slow to be global money? This piece is packed with digital gold, so don’t miss it!
Link the the original article so you can get a head start and check out all the other incredible writing at Unchained-capital.com. Don’t forget to follow Parker on Twitter for more of his work:
https://www.unchained-capital.com/blog/bitcoin-is-not-too-slow/
https://twitter.com/parkeralewis
Other great episodes and content to go down the rabbit hole on this one!
• Use of Knowledge in Society Parts 1 & 2
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250—Use-of-Knowledge-in-Society-Part-1—F–A–Hayek-e43pfj
• 7 Misunderstandings of Bitcoin’s Scaling Problem (this is old, forgive me)
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_038—7-Misunderstandings-of-Bitcoins-Scaling-Problem-e2ndtf
• Bitcoin & Software Reliability
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_254—Bitcoin–Software-Reliability-beautyon_-e46lnu
• Gradually, then Suddenly [the series so far]
1 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_290—Gradually–Then-Suddenly-Parker-Lewis-e55nu4
2 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291—Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11
3 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_302—Bitcoin-is-Not-Too-Volatile-Parker-Lewis-e6diss
4 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_306—Bitcoin-Does-Not-Waste-Energy-Parker-Lewis-e7ojph
You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
https://www.patreon.com/thecryptoconomy
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Read_320 – The Bitcoin Reformation – Part 2 [Tuur Demeester]
Today we conclude the report from Adamant Capital written by Tuur Demeester on a fascinating parallel between Bitcoin and the Protestant Reformation of the 16th and 17th centuries. A plethora of new financial tools and the flight to find security in uncertain times, and the many parallels with the role Bitcoin could play in finding a haven from the over-leveraged, over-regulated, and corrupt IMFS. Don’t miss a great piece.
Links to the original works below. Again, don’t forget to follow Tuur on Twitter for tons of amazing content and thoughts on the impact of this new economy.
https://docsend.com/view/ijd8qrs
https://twitter.com/TuurDemeester
Other great episodes for more details and expanding on these themes:
• Bitcoin, An Accounting Revolution
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_255—Bitcoin-An-Accounting-Revolution-Permabull-Nio-e473tj
• What’s Driving the Cryptocurrency Phenomenon? An Iterative Capital Thesis
https://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon—-The-Iterative-Capital-Thesis-e2u7qq
• A Most Peaceful Revolution [Nic Carter]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293—A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm
• Guy’s Take – Revolution in the Protocol
https://anchor.fm/thecryptoconomy/episodes/GuysTake_23—Revolution-in-the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9
• Bitcoin in Heavy Accumulation Part 1 & 2
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_243—Bitcoin-in-Heavy-Accumulation-Part-1—Tuur-Demeester–Michiel-Lescrauwaet-e3tnic
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_243—Bitcoin-in-Heavy-Accumulation-Part-2—Tuur-Demeester–Michiel-Lescrauwaet-e3u1gb
If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
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Read_319 – The Bitcoin Reformation – Part 1 [Tuur Demeester]
Today we start our journey through the new report from Adamant Capital written by Tuur Demeester on a fascinating parallel between Bitcoin and the Protestant Reformation of the 16th and 17th centuries. The monopoly being undermined, the technology that catalyzes the paradigm shift, the new economic class, and the new tools of self defense. Can these shed light on our own uncertain future? Find out in…
The Bitcoin Reformation – Part 1
Links to the original works below. Don’t forget to follow Tuur on Twitter as well for tons of amazing content and thoughts on the impact of this new economy.
https://docsend.com/view/ijd8qrs
https://twitter.com/TuurDemeester
Plus the other great episodes mentioned in the commentary for more details on similar concepts:
• Bitcoin, An Accounting Revolution
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_255—Bitcoin-An-Accounting-Revolution-Permabull-Nio-e473tj
• What’s Driving the Cryptocurrency Phenomenon? An Iterative Capital Thesis
https://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon—-The-Iterative-Capital-Thesis-e2u7qq
• A Most Peaceful Revolution [Nic Carter]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293—A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm
• Guy’s Take – Revolution in the Protocol
https://anchor.fm/thecryptoconomy/episodes/GuysTake_23—Revolution-in-the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9
• Bitcoin in Heavy Accumulation Part 1 & 2
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_243—Bitcoin-in-Heavy-Accumulation-Part-1—Tuur-Demeester–Michiel-Lescrauwaet-e3tnic
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_243—Bitcoin-in-Heavy-Accumulation-Part-2—Tuur-Demeester–Michiel-Lescrauwaet-e3u1gb
If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
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Chat_026 – Bitcoin for Self Defense with Max Hillebrand
Diving down the rabbit hole on the amazing privacy technologies in Bitcoin, what they are, how they can be used, and how it might change our interactions with the Bitcoin timechain in the future. Don’t miss an awesome chat with Max Hillebrand!
The many links discussed in this episode for tons of awesome tech to explore further.:
Max Hillebrand’s website and huge body of work:
http://towardsliberty.com/
BitcoinOps Taproot Workshop
https://github.com/bitcoinops/taproot-workshop/
Schnorr BIP
https://github.com/sipa/bips/blob/bip-schnorr/bip-schnorr.mediawiki
Taproot BIP
https://github.com/sipa/bips/blob/bip-schnorr/bip-taproot.mediawiki
Tapscript BIP
https://github.com/sipa/bips/blob/bip-schnorr/bip-tapscript.mediawiki
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Read_318 – Taproot is Coming [Aaron van Wirdum]
One of the many amazing technologies coming to Bitcoin, Taproot is one of the most promising improvements to the privacy, efficiency, & capabilities of the Bitcoin system. Another excellent article breaking it all down by Aaron Van Wirdum, published at BitcoinMagazine.com, today we read & discuss:
“Taproot Is Coming: What It Is, and How It Will Benefit Bitcoin”
https://bitcoinmagazine.com/articles/taproot-coming-what-it-and-how-it-will-benefit-bitcoin
For a deeper dive into Taproot, check out the links provided at the bottom of the article.
For more of Aaron Van Wirdum’s excellent work in audio:
• Our Chat with Aaron:
https://anchor.fm/thecryptoconomy/episodes/CryptoChat_018—Investigating-Bitcoin-with-Aaron-Van-Wirdum-e4rt9e
• The “No Input Class” & Eltoo
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_297—Simplifying-Lightning–The-Noinput-Class-Aaron-Van-Wirdum-e5fhoa
• Statechains: Sending Keys, Not Coins
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_272—Statechains–Sending-Keys-Not-Coins-Aaron-Van-Wirdum-e4mue1
• Understanding Lightning Part 1
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_047—Understanding-The-Lightning-Network-Part-1-e2ndtd
• Understanding Lightning Part 2
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_048—Understanding-The-Lightning-Network-Part-2-e2ndt4
• Understanding Lightning Part 3
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_049—Understanding-The-Lightning-Network-Part-3-e2ndtc
Grab a hard copy of the latest Bitcoin Magazine edition at their store below:
https://store.b.tc/
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Read_317 – The Triumvirate of Liquidity [Nik Bhatia]
Today, Nik Bhatia takes us through a compressed history of the Dollar, Us Treasuries, and how we found ourselves in the current global financial mess. What are the safe-haven assets of the future, what will happen to the demand during these uncertain times, & what will be Bitcoin’s role?
US Treasuries, Gold, & Bitcoin… The Triumvirate of Liquidity!
Don’t forget to drop some applause on the article below, check out the Tantra Labs blog, and of course, follow Bhatia on Twitter:
https://medium.com/@TantraLabs/the-triumvirate-of-liquidity-4fe4ab48d120
https://twitter.com/timevalueofbtc
Other episodes suggested from the discussion after the read, covering and going more in depth into topics previously on the show:
• Lightning Tech in 2019 (Channel Factories)
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_248—Bitrefills-Hottest-Lightning-Tech-of-2019-e426ph
• Stop Calling Bitcoin Deflationary [Conner Brown]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_314—Stop-Calling-Bitcoin-Deflationary-Conner-Brown-e8p1o3
• Deflation & Liberty [Hulsmann]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_278—Deflation–Liberty-Part-1—Jrg-Guido-Hlsmann-e4q6gc
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_279—Deflation–Liberty-Part-2—Jrg-Guido-Hlsmann-e4qpvp
• World War B [Raleigh Meetup]
https://anchor.fm/thecryptoconomy/episodes/CryptoChat_024—World-War-B-The-Raleigh-Bitcoin-Podcast-e8ci9m
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Guy’s Take_025 – Money, Networks, Blockchains, & Bitcoin
The much deserved Guy’s Take episode as a dedicated follow-up to the amazing work of “The Bitcoin Time Vol 1.” There just wasn’t enough time to do it justice during the read, so today I give my take on the plethora of ideas conveyed in Alek Svetski’s awesome work!
Don’t forget to listen to the audio if you haven’t yet! Part 1 and 2 linked below:
Part 1 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_315—Blockchain-is-Dead—The-Bitcoin-Times-Vol-1—Part-1-Aleksandar-Svetski-e8r9ar
Part 2 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_316—A-New-Monetary-Network—The-Bitcoin-Times-Vol-1—Part-2-Aleksandar-Svetski-e8rqi1
As I said, the ideas in this piece are many & very dense. We’ve had entire episodes expanding on these topics that are great for a deeper journey down the rabbit hole. Here are some links to those past works that will elaborate on the many topics.
• Money blockchains social scalability
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_066—Money–Blockchains–and-Social-Scalability-e2ndsj
• Bitcoin can’t be copied
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291—Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11
• Independent property rights
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_225—Bitcoin–the-Promise-of-Independent-Property-Rights-Hasu–Su-Zhu-e3j6b8
• I, pencil
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_123—I–Pencil-Leonard-E–Read-e2ndqm
• How The Internet is Too Complex to Work
https://anchor.fm/thecryptoconomy/episodes/GuysTake_008—The-Lightning-of-my-TCP–or-How-the-Internet-is-Too-Complex-to-Work-e32omd
• Reckless to Wumbology – The Lightning Build Out
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_206—Reckless-to-Wumbology–The-Lightning-Network-Build-Out-Arjun-Balaji-e3235m
• Origins of Money
https://anchor.fm/thecryptoconomy/episodes/Shelling-Out—The-Origins-of-Money-Nick-Szabo-e2ndom
• 7 Misunderstandings of Bitcoin’s Scaling Problem
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_038—7-Misunderstandings-of-Bitcoins-Scaling-Problem-e2ndtf
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Read_316 – A New Monetary Network – The Bitcoin Times Vol 1 – Part 2 [Aleksandar Svetski]
“Bitcoin is the first time we’ve combined Money as a unit, with Money as a Network, into one thing.”
– Alexsandar Svetski
Dont miss part 2, the conclusion, of Aleks Svetski’s excellent volume of “The Bitcoin Times.” A new global monetary network, the future & potential of Lightning, the difference between money & payments, Bitcoin & the internet, investing in networks, “dumb” vs “smart,” and so much more!
Check out volume 1, and be sure to not miss out on the coming editions at the link below:
https://bitcointimes.news/
For further reading and exploration of these ideas, check out the other links mentioned in today’s read:
https://hackernoon.com/why-bitcoin-matters-c8bf733b9fad
https://hackernoon.com/homo-sapiens-evolution-money-bitcoin-33f69701de
If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
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Read_315 – Blockchain is Dead – The Bitcoin Times Vol 1 – Part 1 [Aleksandar Svetski]
“When people get up and begin to talk to me about how they’re going to use the blockchain to solve supply chain, or whatever other (mostly ridiculous) idea they have, it reminds of someone who just discovered that limestone aggregate in concrete makes for better strength and better overall properties in concrete; so they then apply it to everything else:
• They put some limestone in their green smoothie
• On their avocado and toast
• In their latte
• As a back rub on their partner’s skin
• And even as fuel in their car”
– The Bitcoin Times, Vol 1
Jumping into a 2 part covering of the first edition of The Bitcoin Times by Aleksandar Svetski and the team over at Amber. “Blockchain is Dead!” – but what is blockchain? Isn’t it a breakthrough innovation that can be applied to a plethora of important data sources all around the world? Listen to find out more!
For more awesome content, be sure to follow Aleksandar on Twitter, check out the Amber app for simple Bitcoin buying, & see the awesome visual setup of “The Bitcoin Times” over at https://bitcointimes.news/
Don’t forget to listen to the hilarious conversation we had with Aleks & the awesome guys from the Citizen Bitcoin Podcast at Bitcoin2019!
https://anchor.fm/thecryptoconomy/episodes/CryptoChat_014—Aleks-Svetski-on-the-Death-of-Blockchain-e4gi7h
And lastly, Conner Brown, the author of yesterday’s piece “Stop Calling Bitcoin Deflationary” will be featured in the next volume of Bitcoin Times, so follow him as well so you don’t miss the next edition.
If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
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Read_314 – Stop Calling Bitcoin Deflationary [Conner Brown]
Another great piece from returning author Conner Brown on the false narrative of Bitcoin’s “deflationary” problems. Not only does it not result in the many naive claims of the critics, its actually our best defense against those very concerns. An article & discussion full of digital gold, so don’t miss it!
Follow Conner Brown on Twitter and Medium so you don’t miss his awesome insights, and if you enjoyed it, please drop some applause on the article below:
https://medium.com/@Conner_/stop-calling-bitcoin-deflationary-84462cb90345
https://twitter.com/_ConnerBrown_
Mentioned multiple times in the show and a rabbit hole unto itself, don’t forget to check out WTFHappenedIn1971.com
If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
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