"What would it seem like if it did seem like a global, digital, sound, open source, programmable money was monetizing from absolute zero?" - Allenf32
Today's piece is a remarkable and just fun article that dismisses defending Bitcoin against the static arguments that can't be money because it is too volatile to "store value," isn't a widely used "unit of account," & isn't used as a "medium of exchange," but rather it flips the perspective on its head. Instead of trying to prove that Bitcoin is or will be money, why don't we go back to the beginning and ask what it *would* look like, if a new digital money was being monetized from zero?
This is one of my favorite of recent episodes, and we will have an awesome Guy's Take on this soon, so don't forget to subscribe! Check out the original article and drop massive applause on this piece at Allen's medium page:
https://allenfarrington.medium.com/wittgensteins-money-7cac8d0635cf
Don’t forget to explore our awesome sponsors and their products at the links below:
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)
"By design, Bitcoin exists beyond governments. [...] The architecture of bitcoin is practically purpose-built to resist and immunize any attempts by governments to ban...
In our inaugural episode of The Pear Report, it only felt right to bring Mafintosh and dmc onto the show to explore the transformative...
"Bitcoin is anti-fragile it secures $2 trillion worth of value currently and there's a huge monetary incentive to maintain that security and there's a...