"This is the root of our cultural concern for crypto DeFi. The cultural, and arguably even structural, commitment to financialization is extremely difficult to reconcile with this core purpose of securities. In a sense, none of this is surprising given the foundations of crypto DeFi. If you jump straight to “decentralized securities” without first nailing down decentralized money and peer-to-peer technology, the urge to financialize is obvious, because what other value or utility can you even attempt to provide?" - Allen & Anders Check out the full write up with numerous links and references for digging deeper into the ideas discussed: https://www.uncerto.com/green-eggs-and-ham Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Research from Mexico — a typical country in terms of consistent involvement historically from the Bank and Fund — shows that for every 2% decrease in GDP, the mortality rate increased by 1%. Now consider that as a result of structural adjustment, the GDP of dozens of countries in the Third World between the 1960s and 1990s suffered double-digit contractions. Despite massive population growth, many of these economies stagnated or shrank over 15-25 year periods. Meaning: the Bank and the Fund’s policies likely killed tens of millions of people." - Alex Gladstein Today we finally complete Gladstein's amazing piece on the parasitic system being perpetrated and expanded by the IMF and World Bank, and touching on the faint hope that its days may finally be numbered. We are jumping right into the middle of it, so don't forget to listen to Part 1, 2, & 3 if you haven't yet, otherwise this will be confusing, lol: Part 1: https://fountain.fm/episode/11987932208 Part 2: https://fountain.fm/episode/12038350484 Part 3: https://fountain.fm/episode/12147135095 Part 4: https://fountain.fm/episode/12318519841 To explore the ColdCard hardware wallet and the many amazing additional features and uses it has I highly recommend BTCsessions youtube channel here: Mentioned in the show for further exploring how our monetary practices strip the US of its manufacturing & productive base, here is Farrington's "Capital Strip Mine": https://fountain.fm/episode/1798299217 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) -------------------------------------- "There can be no truly moral choice unless that choice is made in freedom.” – Murray Rothbard Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message