The Greatest Innovation Since the Printing Press Social Evolution

The greatest innovation since the printing press is here. The trouble is, it’s a threat to the old Westphalian order: digital ledger technologies (DLTs), like bitcoin: aka “crypto.” The supplicants of the old order have a lot at stake in the status quo, so a war is coming. Michael and Max spend this episode talking about the idea of crypto as money, going back through a little bit of history, then rocketing back to the future to discuss the implications for humanity. To what extent can we disintermediate using crypto? To what extent will humanity be able to create cloud governance that challenges the old order? Nobody knows, but it’s important to speculate. Indeed, we must set out a vision of possibilities for crypto, because there is so much promise in this evolving ecosystem. 
Cryptocurrency
Distributed Ledger Technology
Bitcoin
Ethereum
Blockchain
Distributed Application (DApp)
Code and Other Laws of Cyberspace by Lawrence Lessig
The Crypto Anarchist Manifesto (1988)by Timothy May
A Cypherpunk’s Manifesto (1993) by Eric Hughes
David Chaum
Nick Szabo
Wei Dai
Hal Finney
Cypherpunk
Freedom of Association
Common Law
Code of Justinian
DigiCash, ECash, BitGold 
Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto
Fiat Money
Reserve Currency
Central Bank
Neolithic Revolution
Moneychangers
James C. Scott
Temple / Palace Economy
Usury 
Medieval Antisemitism 
Leviathan by Thomas Hobbes
Middleman or Intermediary
Interest
Investment Banking
Financial Crisis of 2007-2008
Occupy Wall Street
Money
Subjective Theory of Value
Price Mechanism
Goldbuggery
Bitcoin Maximalism
Cryptography
Miracle of Wörgl
Velocity of Money
John Maynard Keynes
Time Banking, Local Exchange Trading System, Mutual Credit
Sacred Economics by Charles Eisenstein
Bancor
Ludwig von Mises
Friederich Hayek
Bretton Woods Conference and System
Peter Zeihan
Virtual currencies
Deficit spending
Standing army
Inflation
Inflation hedge
The Big Short by Michael Lewis
Cooperative
Network effect
Metcalfe’s Law
Hyperinflation
FOMO
VisiCalc
Technology adoption lifecycle
Institutional investor
Coinbase
Regulatory capture
Cartelization
Securities and Exchange Commission
How we Become the Social Safety Net by Max Borders
Mutual societies
Welfare state
Trustless system
Art Brock and Holochain 
Open access network
Consensus mechanism
Tezos
On-chain governance
Butterfly effect
Real estate
Rivalry in Economics
Plutocracy
Oligopoly
Hobbesian trap
Bureaucracy
Democracy
Feedback loop
Crypto anarchism
The Vanguard Group
Credit Union
Polyarchy
Panarchy
Polycentric law