Hosted By
"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
"Research from Mexico — a typical country in terms of consistent involvement historically from the Bank and Fund — shows that for every 2%...
“If we do nothing, new technologies will give the government new automatic surveillance capabilities that Stalin could never have dreamed of. The only way...
Channel balances, gateway routing nodes, non-advertised channels, buffer capital, source routing, onion routing, bridge channels, and atomic multi-path payments. Take a dive into the...
