Read_679 - Green Eggs and Ham, Part 1 [Farrington & Larson]

Published: Dec. 1, 2022, 4:32 a.m.

b'"One counterargument might be that the de facto state capture of Ethereum in gradually becoming more and more OFAC compliant could, at the same time, be said to give it practical grounds to become more accepted as money via state enforcement, and more transparent than fiat currencies in traditional finance also. However, the cost is, once again, explicitly the loss of decentralization, so whatever kind of money it is, it is not decentralized and therefore cannot contribute to credibly decentralized finance." - Allen Farrington, & Anders Larson\\n\\nToday we dive into the first half of another amazing piece on understanding both the conceptual and technical limitations of decentralized finance, as well as trying to discern what the point of decentralized finance really is, and what it might look like when we see a sustainable & capital forming version of it come to be. Let\'s dive in!\\n\\nCheck out the original with tons of footnotes and links for digging further and verifying the claims and data shared in the piece:\\nhttps://www.uncerto.com/green-eggs-and-ham\\n\\nBoost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards \\U0001f618\\n\\nDon\'t forget to check out our amazing sponsors:\\n\\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 10% off everything in the store until Christmas! (guyswann.com/coldcard)\\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. 5,000 FREE SATS at (guyswann.com/fold)\\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\\n----------------------------\\n\\n\\u201cmoney that is easy to produce is no money at all, and easy money does not make a society richer; on the contrary, it makes it poorer by placing all its hard\\u2010earned wealth for sale in exchange for something easy to produce.\\u201d\\n\\u2015\\xa0Saifedean Ammous\\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'