Podcasts Technology Bitcoin Audible GuysTake_020 - How Bitcoin Could Bring Down the State

GuysTake_020 - How Bitcoin Could Bring Down the State

Published: Aug. 2, 2019, 10:49 p.m.

Inflation, or manipulation of the money supply to the benefit of the politically well connected, is quite possibly the most pervasive frauds of modern society. \xa0It creates multiple layers of compounded resource misallocation, it benefits the debtors and manipulators at the expense of savers, it puts a constant downward pressure on living standards, and it enables more unchecked corruption and abuse of power than any other aspect of our political systems. \xa0\n\nFollowing Hulsmann's work, Deflation & Liberty, we have a foundation to understand how deflation, and sound money, strips the false elites of this power. \xa0Bitcoin isn't a new player, Bitcoin is a whole new game. Today we have a Guy's Take follow-up to Hulsmann's great work, and a conversation on how Bitcoin could bring down the state.\n\nOther Episodes & Works mentioned in today's show:\n\nJorg Guido Hulsmann's, Deflation & Liberty\nhttps://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_278---Deflation--Liberty-Part-1-e4q6gc\nhttps://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_279---Deflation--Liberty-Part-2-e4qpvp\n\nConner Brown's, Bitcoin Has No Intrinsic Value\nhttps://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249---Bitcoin-Has-No-Intrinsic-Value---Thats-Great-e43bcm\n\nSimon Lutz's, Keynesian Errors on Time and Demand\nhttps://medium.com/coinmonks/bitcoin-has-no-intrinsic-value-and-thats-great-e6994adbfe0f \n\nThomas Sowell's, Applied Economics: Thinking Beyond Stage One\nhttps://www.amazon.com/Applied-Economics-Thinking-Beyond-Stage/dp/0465003451\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message