Description

This is episode 149 of You, Me, and BTC – your liberty and Bitcoin podcast!
First up today, we cover one economist’s serious theory that Bitcoin could save Zimbabwe from another currency disaster. The country has used a variety of foreign cash for several years and now has a shortage. Apparently, it’s not so easy to stay afloat when you can’t just print more of your own money.
We’ll dive into the details and share some thoughts on the news. Why do people even need a national currency? Why can’t they just use whatever money the choose? How can we support private currency competition?
Then later in the show, we’ll chat about a little Twitter debate that began after last week’s episode. Some people bugged BCoin for making a different Bitcoin implementation, while others say we need the competition.
And to wrap things up, we’ll touch on an education sale over at Udemy. For the next few days, every single course (on coding, animation, cryptography, and more) will cost less than $20 and we just think that’s cool.
Tune in to learn how Zimbabwe can avoid becoming another hyperinflation lesson! Your hosts are Daniel Brown, Tim Baker, and John Stuart. Enjoy!
Leave a comment and tell us if you think the world ever needed national currencies!
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discussions

  • It appears to me that one of the biggest drawbacks to the current model of cryptocurrencies is the lack of reversibility in transactions. Historically, third parties such as banks have enabled transactions to be reversed, such as refunds or guaranteeing purchases. I think that if cryptocurrencies want to avoid third parties as much as possible, they should adopt a method for reversing transactions for the purpose of dispute resolution. Thoughts?

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  • The “Tax Honesty” movement has demonstrated a few things to a lot of people.  To cover a lot with a few words, I’ll put it this way:  The IRS breaks its own rules in order to rob us through deceit. Some people (Irwin Schiff, for example) have suffered because they attempted to protect themselves from the rule-breakers.  There is now a theory popular among liberty-minded people that the government is too corrupt and powerful for anyone to succeed in an effort like Irwin Schiff’s.  There is also some good evidence showing this theory to be wrong.  It’s available at Peter Hendrickson’s website, losthorizons.com. I think that a lot of bureaucrats feel and believe that they are helping society.  This leaves them open to consider fixing situations in which their bureaucracy is breaking its own rules.  And let’s face it, there are some rules that can actually help liberty.  Perhaps the loads of evidence that Hendrickson has on his site can be explained by the presence of such “good-hearted” individuals in the bowels of the IRS. In any case, if you can, please entertain the possibility that the US Income Tax is not being administered honestly.  Consider that maybe, just maybe, in the gargantuan tangle of words called “Title 26,” the legal meaning of the law as it applies to most people is not coercive at all.  Maybe, if it were properly applied, the government would be a nuisance like neighbors who let their dogs poop on your lawn, instead of a nuisance like cancer in your lungs.  It could be true.  I think it is true, and I think that failing to follow all the twists and turns that Hendrickson uncovered to see for yourself that it is true kind of justifies you still being enslaved to a government that steals from you in order to cause havoc all over the planet in a massive deception that justifies its existence. If we want to honor the goodness in all people, including those who have been tricked into serving evil, we can do so by understanding the rules they think they should be following, and using them to protect ourselves from enslavement.

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  • Silsal, as the venture is titled, utilizes an electronic blockchain record framework to give full load perceivability and streamline exchange streams and supply chains. Whenever tried effectively, the Silsal blockchain task hopes to mechanize the trade, ID, and affirmation of load reports between Abu Dhabi ports and Belgium’s Port of Antwerp. Every partner demonstrations like a hub of a blockchain organize who gets the chance to get to and recognize the ongoing store network of the transported things. Abu Dhabi Ports has collaborated with its Belgian partner to start a blockchain-fueled production network pilot venture. News Source: TheCoinRepublic

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  • This will be a general discussion to share tips and tricks to survive conventional Keynesian Economics Lessons in university.

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  •   Weixing Chen and Yang Jun, the two Chinese entrepreneurs are pairing up to launch a blockchain based ride hailing app. However, the plan is to offer different life-style services that include ride hailing and deliveries. Read news here: Blockchain Based Ride Hailing App

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