"Bitcoin represents the explicit encoding of previously implicit values of the tech community. It's not just software — it is a Schelling point and a symbol. As such, it will become widely recognized as the flag of technology over the course of the 2020s." — Balaji S. Srinivasan
Today we cover another read from Anil's Bitcoin Essentials list, this time from Balaji Srinivasan. Balaji has a way with words and always brings a unique, high level mental frame to how the world is unfolding. He seems to have a gift of talking about the current state of the world, as if he is seeing it through the lens of history. With that perspective, he examines the aggressive technological shifts and the Bitcoin system to parse out the values of each, and explain, in his words, why he believes Bitcoin will become the flag for the technological revolution.
Check out the original article: Bitcoin becomes the Flag of Technology
Links:
A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!
-------------------------
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
"Auditing controls might fairly be called the security protocols of capitalism… [but] auditing is in deep conflict with efforts towards greater privacy." -Nick Szabo...
"The internet assumed NOTHING and it won because it had the basic, robust, open building blocks upon which all the innovation actually occurred. The...
"On the face of it, Bitcoin’s existence seems to violate Mises’s theorem, unless a preceding non-monetary use can be demonstrated. That is, Bitcoin would...