EPISODE · May 23, 2020 · 53 MIN
What a Bitcoin future looks like
from Cyberdeck Users Weekly · host Paul Miller
I did a pod about Bitcoin, I hope that's okay! Bitcoin resources I recommend Tales from the Crypt Noded Bitcoin Audible Satoshi Nakamoto Institute The Bitcoin Standard A Bitcoin Future What if everything you bought got cheaper every year, but your salary stayed the same? You'd eventually go to space, right? Human material needs are in some sense finite, but human wants are infinite. Human time is absolutely finite, but human ingenuity -- the ability to do more with the same amount of time -- is multiplicative and exponential. In an economy we create value as we transact voluntarily, and in an economy with money we use money as an intermediary to store that value we create. In a Federal Reserve economy, that value creation is skimmed off the top and given to banks so they can give us more credit card debt. In a Bitcoin economy, we all get to benefit from value creation. Bitcoin wouldn't fix theft, or the desire to steal. It just makes theft no longer our national monetary policy.
What this episode covers
I did a pod about Bitcoin, I hope that's okay! Bitcoin resources I recommend Tales from the Crypt Noded Bitcoin Audible Satoshi Nakamoto Institute The Bitcoin Standard A Bitcoin Future What if everything you bought got cheaper every year, but your salary stayed the same? You'd eventually go to space, right? Human material needs are in some sense finite, but human wants are infinite. Human time is absolutely finite, but human ingenuity -- the ability to do more with the same amount of time -- is multiplicative and exponential. In an economy we create value as we transact voluntarily, and in an economy with money we use money as an intermediary to store that value we create. In a Federal Reserve economy, that value creation is skimmed off the top and given to banks so they can give us more credit card debt. In a Bitcoin economy, we all get to benefit from value creation. Bitcoin wouldn't fix theft, or the desire to steal. It just makes theft no longer our national monetary policy.
NOW PLAYING
What a Bitcoin future looks like
No transcript for this episode yet
Similar Episodes
Apr 21, 2026 ·13m
Apr 19, 2026 ·16m
Apr 17, 2026 ·13m
Apr 13, 2026 ·11m
Apr 11, 2026 ·16m