49 min listen
The Epic of Bitcoin with Allen Farrington
The Epic of Bitcoin with Allen Farrington
ratings:
Length:
60 minutes
Released:
Jun 10, 2021
Format:
Podcast episode
Description
Prior to the Bitcoin 2021 Conference, Bitcoin Magazine Podcast host Christian Keroles sat down with keynote speaker and incredible Bitcoin thinker for one of his very first podcasts appearances. This interview covers two of Allen's seminal works and why Farrington prefers to investigate Bitcoin’s cultural and literature alignments over the typical framing of economics, trading and technology. First Keroles and Farrington dive into his article The Capital Stripmine. The article is a ~30 minute read and it dives into why the current fiat system is effectively strip mining the US and current financial system of its resources. He compares what is going on in capital markets to the strip mining techniques that have become popular in modern day. Allen laments that because of fiat money’s poor incentives, civilization has taken on a growth at all cost mentality and have thrown away all regard for long term thinking and preservation. Second he get into Allen’s blockbuster article Bitcoin is Venice, Bitcoin Is. In this article Farrington, educates the reader about the anomaly that is Venice Italy at is peak. Venice was a magical mixture of a sound money, capitalistic, and free society when many of its neighbors where still operating in futility. Venice in contrast to other large cities was a bastion for the arts, wealth, and thought. Farrington details how Bitcoin’s sounds and fair monetary properties provide a framework for humanity to return back to Venice esc conditions and hopefully prosperity. Lastly Keroles and Farrington discuss Allen’s plan’s for his now live Bitcoin 2021 key note presentation titled, The Milk Of Paradise: Bitcoin And The Western Canon. The speech discusses how Western literature, culture, and historical lessons can all be fit into the values and properties that Bitcoin codifies into a physical network on nodes that maintain consensus in a decentralized way. Please enjoy this fascinating conversation with Allen Farrington. Follow Allen Farrington @allenf32
Released:
Jun 10, 2021
Format:
Podcast episode
Titles in the series (100)
Facebook's Libra Might Not Be What You Think feat. Colin Harper (Ep. 11): Discussion and Analysis on the recent release of the white paper for Facebook's new Libra Coin by Bitcoin Magazine Podcast