There was recently a good “In Our Time” podcast (Melvyn Bragg) about Veblen and conspicuous consumption. Strangely bitcoin was never mentioned!
This article (though long!) is a real tour de force in terms of setting out where we are currently up to with bitcoin in very straightforward comprehensible terms. It is fascinating and slightly worrying to think that something so radical and revolutionary seems to have been neutered and disrupted by a number of factors, a mixture of greed and the power of the establishment and established ways of doing things. Made me think of parallels with Orwell’s Animal Farm..
Thanks very much! Glad you liked it. I honestly did try very hard to do a 2,000 word edit of this piece, but it cut out so much nuance it was barely worth reading.
There was recently a good “In Our Time” podcast (Melvyn Bragg) about Veblen and conspicuous consumption. Strangely bitcoin was never mentioned!
This article (though long!) is a real tour de force in terms of setting out where we are currently up to with bitcoin in very straightforward comprehensible terms. It is fascinating and slightly worrying to think that something so radical and revolutionary seems to have been neutered and disrupted by a number of factors, a mixture of greed and the power of the establishment and established ways of doing things. Made me think of parallels with Orwell’s Animal Farm..
An excellent read.
Thanks very much! Glad you liked it. I honestly did try very hard to do a 2,000 word edit of this piece, but it cut out so much nuance it was barely worth reading.