#93: Econoalchemist (@econoalchemist) - Bitcoin & The Sovereign Rancher

We met Econoalchemist in a small town in western Colorado back in July. Econo, as we call him, studies bitcoin and its applications in society, but he also helps explain how people can start using the groundbreaking technology today. His experience in bitcoin reflects his philosophies around sovereignty, personal responsibility, and freedoms. In Colorado, Econo spoke about the ethos of bitcoin and how it relates to the struggles ranchers confront daily. His ‘why bitcoin matters?’ presentation quickly evolved from what bitcoin can do for society to what bitcoin can do for ranchers. And he eventually told the special story of one rancher in Colorado he had met over a decade prior named Vern Wagner. 

Vern battled legal and financial claims against him from the state from 2003 until 2018. The story Econo told sheds light on several topics relating to the food system, particularly the government's role in controlling food production, abuses of power, and defending yourself against the state. As you’ll hear in our podcast with Econo, Vern spent 15 years fighting for his livelihood and managed to stand his ground. But, could bitcoin have secured him against this abuse of power from the State? What was the cost of all of the litigation imposed on Vern by the State? Listen to the episode to find out!

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