"Bitcoin’s capped supply is one of its most well-known features, and it is regularly cited as a hedge against inflation caused by government money printing. Most people don’t know that Bitcoin has another attribute that acts as a hedge against a far larger risk."  - Nick Neuman Today we read a short article on BitcoinMagazine that shines light an incredible benefit of the Bitcoin system that isn't so widely understood. It isn't simply an independent monetary policy, its an independent monetary *system,* and by that fact a hedge against the instability of much more than merely inflation. Listen to today's episode to find out more! Link to the original with tons more to explore from the author and recent articles at Bitcoin Magazine: https://bitcoinmagazine.com/articles/bitcoin-more-than-an-inflation-hedge Mentioned, The Yield from Money Held by Hans Hoppe: Read: https://mises.org/library/yield-money-held-reconsidered#:~:text=According%20to%20Keynes%2C%20the%20government,stimulate%20both%20consumption%20and%20investment. Listen: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_122---The-Yield-From-Money-Held-Reconsidered-e2ndqn A huge thanks to LTBN, Bitcoin Magazine, and of course Swan Bitcoin! Start your auto stacking of sats and get $10 free at SwanBitcoin.com/Guy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the technology." - Willem Van Den Bergh Why do communication protocols tend towards monopoly? What is it in the nature of networks that lends dominance in a single medium, in the way VHS killed the very existence of BetaMax, how Blu-ray pushed HD-DVD into obscurity? What can Schelling Points, the Lindy Effects, and what we know about networks inform us about these unique systems, and do they demonstrate the limits of free markets?  Don't miss this incredible piece from Willem "On Schelling Points, Network Effects, & Lindy." https://medium.com/@willemvandenbergh_85885/on-schelling-points-network-effects-and-lindy-inherent-properties-of-communication-c4eb69b55c60 A great listen to accompany this one is Nick Szabo's "Shelling Out": https://anchor.fm/thecryptoconomy/episodes/Reboot---Shelling-Out-The-Origins-of-Money-Nick-Szabo-e9omme Sleep comfortably tonight, stack sats automatically with the lowest hassle, lowest cost Bitcoin savings plan. SwanBitcoin.com/guy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message