"While it was pretty difficult for him to take over the very decentralized process of people exchanging gold nuggets, there are now a few big, public, trusted, vulnerable entities he can easily seize control of." - Giacomo Zucco Continuing the excellent series of Discovering Bitcoin, this is an awesome set of articles covering thousands of years of monetary history and evolution all the way to The Lightning Network. Today's part is "A Wrong Turn," breaking down the process of innovating money to solve the "scaleness" problem, that ended up putting at huge risk of control and corruption, the "hardness" and "darkness" of our money. Into the age of full virtualization, what could possibly solve this? Do we need a New Plan? Check out the previous parts if you haven't! Part 1 - About Time: https://anchor.fm/thecryptoconomy/episodes/Read_422---Discovering-Bitcoin---From-Cavemen-to-Lightning--Part-1-Giacomo-Zucco-ehdkrb Part 2 - About People: https://anchor.fm/thecryptoconomy/episodes/Read_424---Discovering-Bitcoin-2---About-People-Giacomo-Zucco-ehgquv PArt 3 - Introducing Money: https://anchor.fm/thecryptoconomy/episodes/Read_426---Discovering-Bitcoin-3-Introducing-Money-Giacomo-Zucco-ehphre Stack sats automatically in your DCA Bitcoin savings plan at SwanBitcoin.com/Guy and get $10 for FREE to start off! If you haven't gotten your collectors copy of the Bitcoin Magazine, you can check it out at the store below! https://store.bitcoinmagazine.com/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The goods that fare better in hardness, scaleness and darkness will compete, and the first one to reach a critical mass will start swallowing the others, as far as monetary uses are concerned." - Giacomo Zucco Continuing with the excellent series from Giacomo and Bitcoin Magazine, "Discovering Bitcoin: From Cavemen to the Lightning Network," we dive into Part 3 - Introducing Money. Building of the base concepts of savings in order to acquire time, of durability in a good to store that time, to investment in order to create greater productivity, and then to exchange and specialization, we finally introduce the ultimate good enabling cooperation on a massive scale, Money. Listen to Parts 1-2 if you haven't yet to get a foundation for this piece: Part 1 - About Time: https://anchor.fm/thecryptoconomy/episodes/Read_422---Discovering-Bitcoin---From-Cavemen-to-Lightning--Part-1-Giacomo-Zucco-ehdkrb Part 2 - About People: https://anchor.fm/thecryptoconomy/episodes/Read_424---Discovering-Bitcoin-2---About-People-Giacomo-Zucco-ehgquv Other essential reads mentioned in the Guy's Take section for going deeper down the rabbit hole on the nature & origins of money: Shelling Out: The Origins of Money [Nick Szabo] Money, Blockchains, & Social Scalability [Nick Szabo] Stack sats automatically in your DCA Bitcoin savings plan at SwanBitcoin.com/Guy and get $10 for FREE to start off! A huge thank you to BitcoinMagazine for making these available and to the Let's Talk Bitcoin Network for sharing this out to Bitcoiners everywhere! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message