What is Money, Anyway? [Lyn Alden]

July 27, 2022 02:45:05
What is Money, Anyway? [Lyn Alden]
Bitcoin Audible
What is Money, Anyway? [Lyn Alden]

Jul 27 2022 | 02:45:05

/

Hosted By

Guy Swann

Show Notes

"If a money (the most salable good) is easy to create more of, then any rational economic actor would just go out and create more money for herself, diluting the whole supply of it. If an asset has a monetary premium on top of its pure utility value, then it’s strongly incentivizing market participants to try to make more of it, and so only the forms of money that are the most resistant to debasement can withstand this challenge." - Lyn Alden The full, unabridged reading of Lyn Alden's excellent breakdown of the question that marks the beginning of the Bitcoin Rabbit Hole, "What is Money, Anyway?" Link to Lyn Alden's piece and the incredible other work she has on her blog: https://www.lynalden.com/what-is-money/ Check out our amazing sponsors and the products that Guy uses most in the space: • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20% OFF with code BITCOINAUDIBLE (guyswann.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Coinkite.com Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

June 10, 2020 00:38:07
Episode Cover

Read_402 - Human Rights Foundation Funds Bitcoin Privacy [Aaron Van Wirdum]

“At the moment, the Bitcoin network is improving but is far from as usable and private as it needs to be with authoritarianism and...

Listen

Episode

August 18, 2022 01:01:26
Episode Cover

Shitcoin Insider #007 - How Many Degrees Celsius is a Lunatic? with Cory Klippsten

WE ARE BACK! Were you wondering about everything that happened in the collapse of TerraUSD, the algorithmic stablecoin that got algonniahilated? And how exactly...

Listen

Episode

March 01, 2018 00:14:39
Episode Cover

CryptoQuikRead_005 - SEC Chair's Written Testimony

Another article from Bitcoin Magazine detailing the SEC Chair's testimony and what regulation for Bitcoin, Cryptocurrencies, and ICOs will likely be moving forward. Things...

Listen