In closing out the week we have one last piece on the economics behind Bitcoin and the natural market economy. We read the classic piece “I, Pencil” by Leonard E. Read posted on Fee.org.
Check out the post itself to read the Foreward & Afterward, plus don't miss the excellent collection of work at Fee.org:
https://fee.org/resources/i-pencil/
Support the show:
Donate To: 3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5
"A typical Bitcoin mining operation will spend considerable amounts of time, energy and money cooling their ASIC miners with air conditioning or liquid immersion...
Is Bitcoin the perfect money, or is it the worst money that solves the most essential problem, as simply and reliably as possible? In...
"it clearly involves moral, political and ethical aspects, like the importance of privacy as a human right. I will use the term “darkness” to...