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

October 07, 2019 00:42:04
Episode Cover

CryptoQuikRead_302 - Bitcoin is Not Too Volatile [Parker Lewis]

To think that a hard monetary asset, with a perfectly inelastic supply, could go from a $0 market with no infrastructure, liquidity, or demand,...

Listen

Episode

February 08, 2024 00:40:35
Episode Cover

Read_797 - The Next Big Thing Will Look Like a Toy

"One of the amazing things about the internet economy is how different the list of top internet properties today looks from the list ten...

Listen

Episode

April 26, 2022 01:04:32
Episode Cover

Read_621 - I Finance the Current Thing [Allen Farrington]

"Even if you knew this was complete and utter bullshit, and that being an agent and not a principal ethically and legally precludes you...

Listen