Read_488 - Wittgenstein's Money [Allen]

January 22, 2021 01:03:47
Read_488 - Wittgenstein's Money [Allen]
Bitcoin Audible
Read_488 - Wittgenstein's Money [Allen]

Jan 22 2021 | 01:03:47

/

Hosted By

Guy Swann

Show Notes

"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)

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

Other Episodes

Episode

August 21, 2018 00:28:48
Episode Cover

CryptoQuikRead_135 - The Hard Thing About Learning Hard Things

“In the end, learning is both science and art. It is science when your domain is structured, and art when it is not.” @Hosseeb...

Listen

Episode

April 01, 2024 00:53:27
Episode Cover

Read_812 - Congress is Criminalizing Privacy

"We know the law is unconstitutional. FinCEN knows the law is unconstitutional. FinCEN knows we know the law is unconstitutional. And yet we're supposed...

Listen

Episode

September 13, 2024 01:46:54
Episode Cover

Chat_112 - Consensus Problems with ReardenCode

"If we leave Bitcoin as it is, it’s a new money for the 1%. The 1% can absolutely hold their own coins in a...

Listen