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Bitcoin isn't just a token you can send and receive online, it isn't just a digital money, its a complete inversion of the idea of money in the same way that the internet changed the nature of information. To understand exactly why, we need to look at the previous major societal disruptions brought about by the Digital age, and we can begin to see where Bitcoin will fit into the big picture.
1) Mail & Connecting
2) Publishing & The Web
3) The Infrastructure Inversion
4) Ecommerce
5) The New Media
6) Collaboration & Crowd Sourcing
7) New Money & Permissionless Finance
Don't miss a fun exploration through the history of the internet and the role that Bitcoin will play in establishing ground for a second chapter in the Digital Age!
Further Reading/Listening mentioned in the episode:
Szabo's essential work, Shelling Out: The Origins of Money (no commentary)
https://anchor.fm/thecryptoconomy/episodes/Shelling-Out---The-Origins-of-Money-e2ndom
(with commentary)
Part 1
Part 2
Part 3
Part 4
The Incredible Iterative Capital Thesis: What's Really Driving the Cryptocurrency Phenomenon
https://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq
And numerous excellent books that I've pulled together on the Bitcoin Survivor's Book List:
https://cryptoconomy.life/bitcoin-survivors-book-list/
"The fiat economist universally chooses to set the printing press to brrrrrrrrrr. While the enlightened elite watch their stock portfolios moon and their debts...
"Do not expect the vertiginous pace of progress to abate. The trend lines look innocent, but their implications are intense... Scaling up simple deep...
People look around and they see a wasteful world. They see endless, mindless consumption. Increasingly, we see people fearing the future rather than hoping...
