Read_428 - Discovering Bitcoin #4 - A Wrong Turn & A New Plan [Giacomo Zucco]

August 12, 2020 00:37:45
Read_428 - Discovering Bitcoin #4 - A Wrong Turn & A New Plan [Giacomo Zucco]
Bitcoin Audible
Read_428 - Discovering Bitcoin #4 - A Wrong Turn & A New Plan [Giacomo Zucco]

Aug 12 2020 | 00:37:45

/

Hosted By

Guy Swann

Show Notes

"While it was pretty difficult for him to take over the very decentralized process of people exchanging gold nuggets, there are now a few big, public, trusted, vulnerable entities he can easily seize control of." - Giacomo Zucco

Continuing the excellent series of Discovering Bitcoin, this is an awesome set of articles covering thousands of years of monetary history and evolution all the way to The Lightning Network. Today's part is "A Wrong Turn," breaking down the process of innovating money to solve the "scaleness" problem, that ended up putting at huge risk of control and corruption, the "hardness" and "darkness" of our money. Into the age of full virtualization, what could possibly solve this? Do we need a New Plan?

Check out the previous parts if you haven't!
Part 1 - About Time: https://anchor.fm/thecryptoconomy/episodes/Read_422---Discovering-Bitcoin---From-Cavemen-to-Lightning--Part-1-Giacomo-Zucco-ehdkrb
Part 2 - About People: https://anchor.fm/thecryptoconomy/episodes/Read_424---Discovering-Bitcoin-2---About-People-Giacomo-Zucco-ehgquv
PArt 3 - Introducing Money: https://anchor.fm/thecryptoconomy/episodes/Read_426---Discovering-Bitcoin-3-Introducing-Money-Giacomo-Zucco-ehphre

Stack sats automatically in your DCA Bitcoin savings plan at SwanBitcoin.com/Guy and get $10 for FREE to start off!

If you haven't gotten your collectors copy of the Bitcoin Magazine, you can check it out at the store below!
https://store.bitcoinmagazine.com/

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

January 06, 2021 00:31:16
Episode Cover

Read_481 - Bitcoin's Killer App, Skin in the Game [Simon Cowell]

"We don’t need to reinvent the wheel. People play games because they are fun, not because they are on a blockchain." - Simon Cowell...

Listen

Episode

November 20, 2024 00:45:48
Episode Cover

Take_094 - Focus

"Never half-ass two things. Whole-ass one thing."— Ron Swanson Focus. Easily spoken, hard to live by. There are many lessons that Bitcoin teaches, and...

Listen

Episode

January 12, 2019 04:07:33
Episode Cover

What's Really Driving the Cryptocurrency Phenomenon? - The Iterative Capital Thesis

The complete reading of Iterative.Capital's incredible and thorough thesis, "What's Really Driving the Cryptocurrency Phenomenon?" For more excellent research and news in the Bitcoin/Cryptocurrency...

Listen