"Unless you began your Austrian economic education at birth in some unknown Austrian paradise, on this planet at this particular time in human history, I think we can safely say we’re all Keynesians by default." - Brady Swenson @citizenbitcoin Today we read a great little piece on how our economic understandings have become so skewed, why the default has become one of centralized, top down control over money, and how Bitcoin is set to right the world of our economic foundations. We've got a fun rant after this one too, so don't miss it! Check out the original article and drop some major applause. Don't forget to follow Brady on Twitter and check out his show as well! https://medium.com/@citizenbitcoin/were-all-default-keynesians-now-and-how-bitcoin-is-changing-that-886ed2096b76 Get your "Default Keynesian" shirt here: https://layeronebtc.com/collections/citizen-bitcoin-podcast/products/default-keynesian-short-sleeve-unisex-t-shirt Saif's Beginner's Guide to Austrian Econ: https://saifedean.com/2018/07/22/a-beginners-guide-to-austrian-economics/ Stephan Livera's Intro to Bitcoin Austrian Thought: https://stephanlivera.com/episode/71/ And the huge collection of works at Gigi's Bitcoin Resources: https://bitcoin-resources.com/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Not everyone understands what a pyramid scheme actually is, what the warning signs may be, or why such schemes always fail [...] The distinctions should be glaringly obvious, but because bitcoin is complex and the very idea of money is not well understood, it can easily be confused." - Parker Lewis Today we are diving back into the Gradually, Then Suddenly series from Unchained Capital with an excellent breakdown of what Bitcoin is, and what it isn't. Starting with the both obvious, yet not so obvious truth, that it is certainly not a pyramid scheme! Don't miss another incredible installments by Parker Lewis. Original Article and the rest of the series below: https://unchained-capital.com/blog/bitcoin-is-not-a-pyramid-scheme/ Other great pieces mentioned both in the article, and in the commentary: • Everyone's a Scammer: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_267---Everyones-a-Scammer-Michael-Goldstein-e4ihq8 • Bitcoin Has No Intrinsic Value: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249---Bitcoin-Has-No-Intrinsic-Value---Thats-Great--Conner-Brown-e43bcm • Use of Knowledge in Society Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • A Story of Booms & Busts https://anchor.fm/thecryptoconomy/episodes/GuysTake_18---A-Story-About-Booms--Busts-e4aflh If you'd like to support this show and become a patron, click the link below! www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message