Basics_03: What Constitutes Good Money?

Bitcoin Basics Series Episode 3. In this episode we examine what constitutes good money, examining monetary history with an eye on what produces the ultimate money–Bitcoin. We draw a contrast between hyperinflated and sound money, as well as unpack what monetary tools are most prone to work in the digital age. Josh & Dan are joined throughout this series by Seb Bunney and DazBea of Looking Glass Education.

**Error in the intro** - the Bitcoin 2023 Conference Promo code is "BCB23" (not BCB)

FULL BITCOIN BASICS SERIES HERE

WE COVER:

• The characteristics of good & bad money
• Weimar and Zimbabwe hyperinflation
• Gresham's Law
• Thier’s Law
• Game theory
• Path dependence

WANT MORE? HERE ARE FURTHER RESOURCES REGARDING THIS TOPIC:

• Daz’s pick —  Swan Signal w/ Leopard and Foss
• Seb’s pick —  Ethics of Money Production (Jorg Guido)
• Josh’s pick — The Sovereign Individual (Reese-Mogg/Davidson)
• Dan’s pick —  7th Property (Erick Yakes) 

ITEMS MENTIONED:

• Looking Glass Education 
• Blue Collar Bitcoin Resources Page (includes ColdCard guides)
• Seb Bunney website/newsletter — The Qi of Self-Sovereignty
• “When Money Dies” by Adam Fergusson
• Their’s Law
• The Sovereign Individual

SHOW SPONSORS:

• BITCOIN 2023: promo code “BCB23” for 10% off tickets. May 18-20, 2023. We’ll be there! Join us for the world’s largest gathering of bitcoiners as we celebrate another year of progress towards hyperbitcoinization. Visit b.tc/conference
• COINKITE — PROMO CODE “BCB” for discount on ColdCard. Industry leaders in Bitcoin security hardware and fun devices, makers of the COLDCARD and other prominent items including opendime, satscard, tapsigner, the seedplate, coldpower, blockclock mini & blockclock micro. All available at coinkite.com
• START9 — Sovereign computing. Take back control of your data. Run a Bitcoin & Lightning node. Embassy One: A small uncompromising personal server, capable of running BTC Core. Embassy Pro: The most powerful, secure, and reliable private server in the world. Visit Start9.com
• SWAN — The place we choose to buy Bitcoin. Dollar cost average daily, weekly or monthly with a company that’s Bitcoin only and encourages you to hold your own private keys. Visit Swan.com. For a limited time Swan is offering FREE Swan Premium for 1 year at Swan.com/fire
• CROWDHEALTH BTC — Use CODE BLUE to get 1st 3 months massively reduced at $99/month. Harness the Power of Bitcoin + Health Care. Join other Bitcoiners on a crowdfunding platform while accumulating Bitcoin in the process. Bitcoin specific crowd joincrowdhealth.com/bitcoin

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—TIPS: strike.me/bcb (tips open on Twitter)

TWITTER: Follow Daz @dazbea1, Follow Seb @Sebbunney, Follow Blue Collar Bitcoin Podcast @Blue_CollarBTC, Follow Looking Glass @LookingGlassEdu

EMAIL: Send us questions or comments to [email protected]