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b'"I think there are some important economic errors in the stories I see people telling about crypto, on Twitter and elsewhere \\u2014 errors that have important implications for how we should think about the value of Bitcoin and other blockchain assets." - Noahpinion\\n\\nUnfortunately I think there are quite the few economic errors in Noahpinion\'s article titled, "Economic misconceptions of the crypto world." While he may actually have some fundamental points to add around much of the "crypto" space and their failure to understand what creates value, I think it shows Noahpinion\'s own misconceptions when he incorrectly applies some of the common crypto fallacies to Bitcoin, without understanding the deeper arguments, behind the more popular, & simplistic taglines that make their way across the social landscape.\\n\\nSo in the most Guy Rant filled episode I\'ve done in ages, we dive into the Misconceptions in Noahpinion\'s Crypto Misconceptions. Why savers aren\'t rent seekers, but money printers are rent seekers of the worst magnitude.\\n\\nPieces mentioned in the article for further reading or listening:\\nThe Yield From Money Held, Reconsidered:\\nhttps://bitcoinaudible.com/the-yield-from-money-held-reconsidered/\\nThe 7th Property (Eric Yakes):\\nhttps://www.amazon.com/7th-Property-Bitcoin-Monetary-Revolution/dp/0578902621\\nFirst Impressions of Web3:\\nhttps://open.spotify.com/episode/7D4UD3n3H2mflqkVNnVczj?si=10ccd7de3c7a4e85\\n\\nCheck out our amazing sponsors and the products that Guy uses most in the space:\\n\\ufeff\\u2022 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 5% off everything in the store! Coinkite.com\\n\\u2022 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. (swanbitcoin.com/guy)\\n\\u2022 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. 20% OFF with code BITCOINAUDIBLE (guyswann.com/fold)\\nLearn more about your ad choices. Visit megaphone.fm/adchoices\\n\\n--- \\n\\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message'