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Guy's Take #60 - Digital Money
Bitcoin Audible

Guy's Take #60 - Digital Money

Oct 14 2022 • 57m

Show Notes

Today we explore a highly earned Guy's Take for Dergigi's "Bitcoin is Digital Scarcity" as well as using a core part of his framing to make sense of a few fundamental ideas behind Bitcoin. Recently as well I continue to run into the question, what is Bitcoin backed by? And I think this misses the entire point of why our virtual monies today need to be "backed" by something else, and why Bitcoin is different. So let's dive in...

Don't forget to check out the episodes and reads mentioned in this Guy's Take at the links below:
Dergigi's "Bitcoin is Digital Scarcity"
Trent's "Five Examples of Bitcoin's Real World Utility"
Nick Szabo's "Shelling Out - The Origins of Money"

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@letter6173
7,777 sats
Oct 16 2022
sats for one of my favorite audiobook readers.
@fazenhodl
5,000 sats
Oct 16 2022
fire!
@eselsee
3,333 sats
Oct 14 2022
African Vs British Glass Beads, not taught in public schools, even small children could see the link to today's reality.
@ahanniga
3,000 sats
Oct 15 2022
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@lumor
1,000 sats
Oct 16 2022
Great episode! Gigi's piece was well worth a read too.
@user3945734438469024
500 sats
Oct 15 2022
phenomenal episode 🔥
@lowtimepref
500 sats
Oct 15 2022
fantastic. I'll be saving this one for future use on arguments related to what backs a money.
@michaelmatulef
500 sats
Oct 17 2022
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@husky
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Oct 14 2022
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@normanremnant
420 sats
Oct 14 2022
“As long as someone cares about fair censorship resistant money that is independent of the state Bitcoin will exist, even if that someone is only one person, even if that someone is just you” Gigi
@chaka
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Oct 16 2022
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@dellamorte
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@crofountainuser
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