Bitcoin isn't just a token you can send and receive online, it isn't just a digital money, its a complete inversion of the idea of money in the same way that the internet changed the nature of information.  To understand exactly why, we need to look at the previous major societal disruptions brought about by the Digital age, and we can begin to see where Bitcoin will fit into the big picture. 1) Mail & Connecting 2) Publishing & The Web 3) The Infrastructure Inversion 4) Ecommerce 5) The New Media 6) Collaboration & Crowd Sourcing 7) New Money & Permissionless Finance Don't miss a fun exploration through the history of the internet and the role that Bitcoin will play in establishing ground for a second chapter in the Digital Age! Further Reading/Listening mentioned in the episode: Szabo's essential work, Shelling Out: The Origins of Money (no commentary) https://anchor.fm/thecryptoconomy/episodes/Shelling-Out---The-Origins-of-Money-e2ndom (with commentary) Part 1 Part 2 Part 3 Part 4 The Incredible Iterative Capital Thesis: What's Really Driving the Cryptocurrency Phenomenon https://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq And numerous excellent books that I've pulled together on the Bitcoin Survivor's Book List: https://cryptoconomy.life/bitcoin-survivors-book-list/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"What is money? That is the beginning of the real rabbit hole.” Like the process of going bankrupt, how fiat money inflates, and what it feels like to learn Bitcoin... it happens gradually, then suddenly. We take a break today before getting back into Money, bitcoin & Time, by beginning the awesome series at unchained-captial.com by Parker Lewis that is hitting major topics around Bitcoin and its supposed "failures" one at a time.  A really fun and well written series that's going to inspire great discussion for the show! Today we start with his introductory piece, Gradually, Then Suddenly. https://www.unchained-capital.com/blog/dollar-crisis-to-bitcoin/ Don't forget to follow both Unchained Capital and Parker Lewis so you don't miss the tons of other great stuff they are working on and some really great reading on Bitcoin and the financial markets. https://twitter.com/parkeralewis https://twitter.com/unchainedcap Become a patron and help support my work at turning every brilliant piece of literature around Bitcoin and the Cryptoconomy into the audiobook version it deserves!! Love you guys! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message