"When Satoshi Nakamoto invented bitcoin, he did not invent a new social contract. Satoshi did something else—he leveraged technology to solve many problems of past implementations and implemented the old contract in a new and better way." - @hasufly Hasu brings us another great article with Part 2 of "The Skeptics Guide to Bitcoin." What becomes clear when we understand both Bitcoin and money as a social contract? Can it answer some of the more complex philosophical debates within the Bitcoin ecosystem?  Listen to find out. Don't forget to follow @hasufly on Medium & Twitter and drop some major applause on the article: https://medium.com/@hasufly/bitcoins-social-contract-1f8b05ee24a9?sk=27e8cf65d45c46ffae1466ce2ac31b48 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"While sovereign money has undeniably led to a lot of abuse, as evidenced by instances of hyperinflation, seizures or capital controls, the absence of all control brings problems of its own." Today we begin an excellent short series by @zhusu and @hasufl with their article "An Honest Account of Fiat Money." Join us today for a great read followed by my lengthy rant about the ethics of a money susceptible to political inflation. XD Drop some applause on the article and get a heads up on tomorrow's episode with part 2 on @Hasufly's medium page:Part 1 - An Honest Account of Fiat MoneyPart 2 - Unpacking Bitcoin's Social Contract Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76 Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t Support the show:Amazon Affiliate – Shop while supporting the Cryptoconomy Podcast!Shop.Trezor.io Affiliate Link – Secure your Bitcoin with a TREZOR --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message