"A deflationary monetary system of absolute hard money acts as a mirror for value creation. It is a compass to guide us toward a better economic path." - Aaron Segal From Bitcoin Magazine, we hit a fantastic piece on the nature of money as a tool for reducing informational entropy. Why a finite supply money, is ultimately the most pure form of money able to translate technological innovation into decreased uncertainty in an economic system. Don't miss Segal's "Bitcoin Information Theory" Check out the original and other great pieces at Bitcoin Magazine: https://bitcoinmagazine.com/culture/bitcoin-information-theory-bit The other excellent pieces mentioned that dig further into this topic, the ideas of pricing in an economy, & why our system has been skewed to strip the economic machine of growth and productivity: "The Capital Strip Mine" by Allen Farringtion: https://bitcoinaudible.com/the-capital-strip-mine/ "The Use of Knowledge in Society" by F.A. Hayek: https://bitcoinaudible.com/hayeks-use-of-knowledge-in-society-part-1-2/ And our amazing sponsors for today's show, keeping Bitcoin Audible alive! The BitBox02 hardware wallet for the trifecta of ease of use, security, & open source key storage. SwanBitcoin.com for the automatic Bitcoin savings plan, automatic withdrawal, & low fee sat stacking. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“All this to say, there is no optimistic version of the future in which humanity does not use significantly more energy than it does today.” - Hodl’n Caulfield & Selene Lindstrom What is the connection between Bitcoin, human prosperity, and the fundamental process of commanding energy to solve our problems? Bitcoin isn’t just a monetary and financial solution, its also revolutionary in the simple fact that it replaces a problem of violence and authority, merely through the burning of energy. How could we make the case that not only should we not scorn this amazing feat, but that we should want far more energy used by the system, to protect far more people around the world from systemic corruption of money? Check out the original and drop some crazy applause on this one on medium: https://bitcoinandenergy.medium.com/bitcoin-mining-and-the-case-for-more-energy-90094ce25fac Don’t forget to follow the authors on Twitter for more of their future work: https://twitter.com/stackerintherye https://twitter.com/selenelindstr6 And a shout out to our amazing sponsors to the show: ShiftCrypto with the BitBox02 hardware wallet for sovereignty, simplicity, & security of your Bitcoin keys. Get 5% off with discount code "GUY" SwanBitcoin.com for your automatic, no hassle, & low cost Bitcoin savings plan. Set it once and it never stops stacking for your future self! $10 free sats for signing up at my ref link. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message