Is the idea of a central decision maker for the economy just a problem of gathering all the right information and having the most intelligent in control? Or is there a far more fundamental problem with the entire notion? Continuing our #Bitcoin economics week, today we dive into a piece on a concept we haven't yet covered. What is the true nature of the knowledge involved in economic activity, and how do we utilize that knowledge to solve the problem of economic organization?  A brilliant work by F.A. Hayek and made available by the amazing team over at FEE.org, we cover and expand on Hayek's "Use of Knowledge in Society." Visit the full piece, and the collection of other great work, economic analysis, news, & more over at fee.org. https://fee.org/articles/the-use-of-knowledge-in-society/#0 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we cover all the incredible new developments coming to Lightning and what they will mean for the future the protocol!  First we tackle the blog post from @Bitrefill introducing the entire list, from AMPs & submarine swaps to trampoline payments & rendezvous routing.  Then I discuss at length further details about each and how these tools together may blur the gap between Bitcoin & Lightning, and turn it into a singular experience.  Don't miss today's show!   If you don't know much about how Lighting works, I encourage you to listen to yesterday's episode where I talk more specifically about what it is, why it will benefit the network, and how we know we can trust it.   https://anchor.fm/thecryptoconomy/episodes/GuysTake_014---The-What--Why---How-of-Lightning-e41pbe   Don't forget to check out Bitrefill.com for an awesome service where you can buy mobile minutes, gift cards, games, LN liquidity, & tons of other stuff with Bitcoin, Lightning & other cryptocurrencies.  Check out the original post on their blog below to find links on each of these for further exploration. https://blog.bitrefill.com/the-hottest-lightning-network-tech-features-for-2019-and-beyond-dbaaac6ddfa4 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message