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Is Bitcoin the perfect money, or is it the worst money that solves the most essential problem, as simply and reliably as possible? In true "New Jersey\u201d style, Bitcoin doesn\u2019t attempt to be everything, it attempts to do ONE thing as beautifully, & as unambiguously as possible. \n\nToday we read a fascinating piece from Bitcoin\u2019s rich history, originally published in 2011, and edited, added to, and updated for years since. At Gwern.net, Bitcoin is Worse is Better:\nhttps://www.gwern.net/Bitcoin-is-Worse-is-Better\nDon\u2019t forget to check out the original piece with a literal ocean of links and further exploration. If you want to waste 15 minutes, or half a day, there\u2019s more than enough to explore.\nAs a great (& short) read to accompany this on the \u201cRise of Worse is Better\u201d philosophy, check out the original post by Richard P. Gabriel below:\nhttps://dreamsongs.com/RiseOfWorseIsBetter.html\nFor more on the history of Bitcoin, the open source movement, and the \u201cworse is better\u201d design philosophy, I highly recommend the Iterative Capital Thesis on The Cryptocurrency Phenomenon:\nhttps://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq\n\nIf you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!\nhttps://www.patreon.com/thecryptoconomy\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message