Read_287 – Money is a Social Network – Money, Bitcoin & Time [Part 2 – Robert Breedlove]
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 that make Bitcoin the powerful innovation it is, and detailing exactly what it is changing, with a deep historical context.
• Money is a social network
• “Hardness” is #1
• The 7 characteristics of a monetary good
• The nature of prosperity
• How economies grow
So many fascinating concepts and related stories to share on this one. In the next section we will start back with “The Economic Nervous System” and how the natural emergence of prices creates the incentives to organize and direct our actions. So much more to come, don’t forget to subscribe!
Don’t forget that you can find this incredible work and much more at parallaxdigital.io/blog
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Read_286 – Money, Bitcoin & Time [Part 1 – Robert Breedlove]
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, Bitcoin and Time.”
• How does an economy grow?
• Why do we even need money?
• How extraordinary are the benefits of indirect exchange?
• What makes a money sound?
Check out the original piece, and read along for a better understanding by following the link below. You’ll find this piece plus tons of other great reading.
https://www.parallaxdigital.io/blog
Don’t forget to follow @breedlove22 on Twitter so you don’t miss some awesome threads!
https://twitter.com/Breedlove22
Mentioned on the Show:
A must listen if you haven’t heard it, “I, Pencil” – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_123—I–Pencil-e2ndqm
My everyday mission now is to turn every piece of incredible work that sheds light on the understanding of Bitcoin & makes more clear the future of the Cryptoconomy that we seek to build, into the audio version it deserves! Become a patron to help me get that done! Plus, you’ll get to join us in the Cryptoconomy Crew Telegram!
https://www.patreon.com/thecryptoconomy
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Chat_020 – ITS ALIVE!! Brandon Quittem & Der Gigi on the Bitcoin Organism
“Life is like fire, not water; it is a process, not a pure substance. […] The simplest, but not the only, proof of life is to find something that is alive.”
— Christopher McKay
The author of the incredible Bitcoin Mycelium series, Brandon Quittem, & the author of the 21 Lessons of the Bitcoin Rabbit Hole, Der Gigi, join me today for a 2 hour marathon exploring all aspects of this crazy beast we call Bitcoin. What does it mean to be alive? What exactly is Bitcoin? Does it work for us, or do we work for it? And if this is a new form of life, how will it change the world? Don’t miss this awesome Cryptoconomy Chat.
Brandon Quittem
Bitcoin Mycelium Series:
https://medium.com/@BrandonQuittem
Der Gigi
Proof of Life
21 Lessons of the Rabbit Hole & more:
https://dergigi.com/
Other Things to Explore:
Schrodinger’s “What is Life” – http://whatislife.ie/schrodinger.htm
Conway’s “Game of Life” – https://en.m.wikipedia.org/wiki/Conway%27s_Game_of_Life
“Evolution of Trust” (game theory) – https://ncase.me/trust/
Scale of the Universe – https://htwins.net/scale2/
Philosophy of Mathematics – https://en.wikipedia.org/wiki/Philosophy_of_mathematics
If you would like to join us in the Cryptoconomy Telegram Group, become a patron! Help me make every brilliant piece of literature around Bitcoin and the Cryptoconomy into the audiobook version it deserves!!
https://www.patreon.com/thecryptoconomy
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Read_285 – Proof of Life [dergigi]
“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 be gleaned from viewing Bitcoin as a living organism.”
Today we read and discuss the first part of a promising new series from Bitcoin enthusiast and author @DerGigi, titled “Proof of Life.” It will be the perfect precursor to tomorrow’s interview with @Dergigi and @bquittem all about the nature of Bitcoin’s decentralized organism! You will hate yourself if you miss this one!
Drop some serious applause on the article over at Gigi’s Medium page, and don’t forget to follow him on Twitter as well:
https://medium.com/@dergigi/proof-of-life-fa28fdc002fe
For more great content on this same line of thought, Quittem’s Mycelium series provides brilliant accompaniment, start with Part 1 below:
Original:
https://medium.com/@BrandonQuittem/bitcoin-is-a-decentralized-organism-mycelium-part-1-3-6ec58cdcfaa6
Audio:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_201—Bitcoin-is-a-Decentralized-Organism—Mycelium-Part-1-e2sarg
A shout out to our newest patron, Coley Wommack!! If you would like to join us in the Cryptoconomy Crew Telegram Group, become a patron and help support my work at turning every brilliant piece of literature around Bitcoin and the Cryptoconomy into the audiobook version it deserves!! Love you guys!
https://www.patreon.com/thecryptoconomy
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Read_284 – Bitcoin is the Antivirus [Brandon Quittem]
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 discuss the fascinating metaphors in Part 3 of Brandon Quittem’s excellent series on the Bitcoin Organism – “Bitcoin is the Antivirus to Uncertainty”
https://medium.com/@BrandonQuittem/bitcoin-is-the-antivirus-mushroom-medicine-part-3-4-fd1e6606a3f8
Don’t forget to check out Parts 1 & 2 below, links to the audio as well as the original articles.
Bitcoin is a Decentralized Organism: https://medium.com/@BrandonQuittem/bitcoin-is-a-decentralized-organism-mycelium-part-1-3-6ec58cdcfaa6
Part 1 Audio: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_201—Bitcoin-is-a-Decentralized-Organism—Mycelium-Part-1-e2sarg
Bitcoin is a Social Creature: https://medium.com/@BrandonQuittem/bitcoin-is-a-social-creature-mushroom-part-2-3-6a05c3abe8f0
Part 2 Audio: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_224—Bitcoin-is-a-Social-Creature–Mycelium-Part-2-e3iq3u
Follow Brandon Quittem so you don’t miss the incredible work and perspective he contributes to the space:
https://twitter.com/bquittem
Support the show and help me turn every amazing work of written content on Bitcoin and the Cryptoconomy into audio by becoming a patron!
https://www.patreon.com/thecryptoconomy
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Read_283 – Invalid Blocks Need Not Apply [StopAndDecrypt]
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 excellent breakdown of the Bitcoin network and the critical importance of fully validating nodes. Originally an excerpt from a much longer article covered on the show, “Sharding Centralizes Ethereum.”
Drop some major applause on the original article below and don’t forget to explore the graphics for some amazing visualizations of the concepts discussed:
https://medium.com/hackernoon/bitcoin-miners-beware-invalid-blocks-need-not-apply-51c293ee278b
Support the show and help me turn every amazing work of written content on Bitcoin and the Cryptoconomy into audio by becoming a patron!
https://www.patreon.com/thecryptoconomy
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Chat_019 – Under The Lightning Hood: Resurrection
The crew from the Lightning Hood website and weekly wrap-up are back for another episode chatting all about the developments in Lightning & Bitcoin throughout the last year. What’s new, what’s the same, and what are the next steps.
Bitcoin is back in the spotlight, how long and winding is the road to good privacy, how Bitcoin & Lightning returns power to personal hardware, developing a protocol stack for sovereignty, how Lightning is disappearing into the background, and the coming wave of new Bitcoiners. Don’t miss another fun episode, hanging with the Lightning Hood crew.
Don’t forget to check out the guests on today’s show and follow them on social media!
@Pura_Vlda, @PetoVeritas, @CoinBeezy, and the silent, but always present @curlydream60e
A shout out to our newest patron, David Parrish for supporting the work of turning all the greatest written work in the Bitcoin space into audio!
IF you would like to support my work and join the exclusive telegram group for the Cryptoconomy Crew, become a patron below:
https://www.patreon.com/thecryptoconomy
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Read_282 – The Right to Read [Richard Stallman]
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? If I had to judge, it’s probably a bit of both.
Today we read a fascinating short story that I just recently ran across at the NakamotoInstitute.org by Richard Stallman, a dystopian tale of a future where we have to fight, for our “Right to Read.” Thanks to SNI for making the work available, I wouldn’t have found it otherwise. And a thanks to Richard Stallman for the incredible decades long fight he has put up for a Free & Open Source Society!
Check out the Nakamoto Institute for this and an incredible list of other literature to explore.
https://nakamotoinstitute.org/right-to-read/
Shout out to our first Patron, Jesse Lawler! Thanks so much for supporting the show, plus all the help you’ve been over the last year, and of course, welcome to the Cryptoconomy Telegram Crew! If anyone else wants to support the audification of all brilliant things written about Bitcoin, become a patron and help make it happen.
https://www.patreon.com/thecryptoconomy
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Read_281 – Unpacking Bitcoin’s Assurances [Nic Carter]
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 Bitcoin, how well do the claims match reality?
Today we cover another great article from @nic_carter titled: “Unpacking Bitcoin’s Assurances.” Don’t forget to follow Nic on Twitter and Medium, and drop some applause on the original article at the link below:
https://medium.com/@nic__carter/unpacking-bitcoins-assurances-a3c98824d3f0
Mentioned again because it always seems to come up in discussion, the great piece by @hasufl and @zhusu about Bitcoin as an independent system for property rights:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_225—Bitcoin–the-Promise-of-Independent-Property-Rights-e3j6b8
If you love the show and would like to support and get access to the exclusive Cryptoconomy telegram group, become a patron below!
https://www.patreon.com/thecryptoconomy
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Read_280 – My Path to Bitcoin Maximalism [Ben Perrin]
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 many altcoiners would want you to believe.
Drop some applause on the Medium article for the great work!
https://medium.com/bull-bitcoin/my-path-to-bitcoin-maximalism-c77c53466cb5
Follow @BTCsessions on Twitter and Youtube for tons of great content!
https://www.youtube.com/c/btcsessions
https://twitter.com/BTCsessions
To dig a little deeper into topics mentioned in this episode, here are a few other works I recommend:
Unpacking Bitcoin’s Social Contract by Hasu
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_198—Unpacking-Bitcoins-Social-Contract-e2oct5
BetterHash – Decentralizing Bitcoin Mining… by StopAndDecrypt
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_274—BetterHash–Decentralizing-Bitcoin-Mining-with-new-Hashing-Protocols-e4nn6i
Bit Gold by Nick Szabo
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_275—Bit-Gold-e4o0vp
If you love the show and would like to support and get access to the exclusive Cryptoconomy telegram group, become a patron below!
https://www.patreon.com/thecryptoconomy
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Chat_018 – Investigating Bitcoin with Aaron Van Wirdum
Today we have on the show one of the best journalists in the Bitcoin ecosystem, Aaron Van Wirdum! We chat about his path to finding Bitcoin, his process in investigating protocol developments, social impacts of paradigm shifting technology, the growing need and coming battle for privacy, his most anticipated new tech, and much more!
You’ll find over 300! amazing articles by Aaron at https://bitcoinmagazine.com/authors/aaron-van-wirdum. And don’t forget the great pieces available in the new 10th Anniversary Print Edition of the magazine! Get your copy = https://store.b.tc/
Here are a number of the previous articles of Aaron’s that we’ve now got in audio + commentary:
Statechains: Sending Keys Not Coins
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_272—Statechains–Sending-Keys-Not-Coins-e4mue1
Bitcoin as a Privacy Coin
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_149—Bitcoin-as-a-PrivacyCoin-e2ndpr
Understanding Lightning Parts 1-3
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_047—Understanding-The-Lightning-Network-Part-1-e2ndtd
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_048—Understanding-The-Lightning-Network-Part-2-e2ndt4
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_049—Understanding-The-Lightning-Network-Part-3-e2ndtc
Genesis Files:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_111—Genesis-Files—With-Bit-Gold–Nick-Szabo-Was-Inches-From-Inventing-Bitcoin-e2ndr5
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_095—The-Genesis-Files-Hashcash-or-How-Adam-Back-Designed-Bitcoins-Motor-Block-e2ndrl
Atomic Swaps: How Lightning Extends to Altcoins
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_063—Atomic-Swaps–How-the-Lightning-Network-Extends-to-Altcoins-e2ndsm
If you are appreciating the show and would like to support and become a part of the exclusive Cryptoconomy telegram group, become a patron below!
https://www.patreon.com/thecryptoconomy
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Guy’s Take_020 – How Bitcoin Could Bring Down the State
Inflation, or manipulation of the money supply to the benefit of the politically well connected, is quite possibly the most pervasive frauds of modern society. It creates multiple layers of compounded resource misallocation, it benefits the debtors and manipulators at the expense of savers, it puts a constant downward pressure on living standards, and it enables more unchecked corruption and abuse of power than any other aspect of our political systems.
Following Hulsmann’s work, Deflation & Liberty, we have a foundation to understand how deflation, and sound money, strips the false elites of this power. Bitcoin isn’t a new player, Bitcoin is a whole new game. Today we have a Guy’s Take follow-up to Hulsmann’s great work, and a conversation on how Bitcoin could bring down the state.
Other Episodes & Works mentioned in today’s show:
Jorg Guido Hulsmann’s, Deflation & Liberty
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_278—Deflation–Liberty-Part-1-e4q6gc
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_279—Deflation–Liberty-Part-2-e4qpvp
Conner Brown’s, Bitcoin Has No Intrinsic Value
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249—Bitcoin-Has-No-Intrinsic-Value—Thats-Great-e43bcm
Simon Lutz’s, Keynesian Errors on Time and Demand
https://medium.com/coinmonks/bitcoin-has-no-intrinsic-value-and-thats-great-e6994adbfe0f
Thomas Sowell’s, Applied Economics: Thinking Beyond Stage One
https://www.amazon.com/Applied-Economics-Thinking-Beyond-Stage/dp/0465003451
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