Read_807 - A Measure of Sacrifice, Part 2

March 13, 2024 00:59:23
Read_807 - A Measure of Sacrifice, Part 2
Bitcoin Audible
Read_807 - A Measure of Sacrifice, Part 2

Mar 13 2024 | 00:59:23

/

Hosted By

Guy Swann

Show Notes

"Of all measurement instruments, the clock is the most valuable because so many of the things we sacrifice to create are not fungible. The massive clock towers of Europe, with their enormous loud and resonant bells, broadcasting time, fairly across the town and even the countryside, rather than the last relics of the medieval, were the first building block of the wealthy modern world."

~ Nick Szabo


Part 2 of "A Measure of Sacrifice" delves into the profound impact of mechanical clocks on societal structures, emphasizing how the precise measurement of time transformed economic practices and labor relations. By creating a standardized and fungible measure of sacrifice — time — clocks facilitated the shift from serfdom and slavery to wage labor, showcasing the power of technological advancements in reshaping human interactions and values. How does this illuminate the value and role of Bitcoin in creating a new revolution in the measure and exchange of sacrifice, independently and verifiably? Could it end monetary slavery?


Check out the original article at ⁠A Measure of Sacrifice ⁠(Link: https://tinyurl.com/3j54336p)


Links from the commentary


Guest Links


Host Links


Check out our awesome sponsors!


“When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.”

~  Thomas Sowell

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

Other Episodes

Episode

December 19, 2025 01:48:48
Episode Cover

Chat_154 - Unpacking "The Cat" with the Shitcoin Insider

"The images are hacks in the first place, and it's not like Bitcoin had like a 'please put your NFT here' sign, so hackers...

Listen

Episode

August 09, 2018 00:38:09
Episode Cover

CryptoQuikRead_127 - What Will Bitcoin Look Like in 20 Years? [Part 1]

Will the price increase forever?  Will government currencies be a thing of the past? Will there be a singular, global economy? And how do...

Listen

Episode

November 11, 2019 00:40:43
Episode Cover

CryptoQuikRead_318 - Taproot is Coming [Aaron van Wirdum]

One of the many amazing technologies coming to Bitcoin, Taproot is one of the most promising improvements to the privacy, efficiency, & capabilities of...

Listen