Read_851 - Bitcoin's Exchange Theory of Value

Oct 21, 2024

Discover how Bitcoin's expanding market may outpace entire countries, revolutionizing trade as more individuals adopt this cryptocurrency. Explore the paradox of Bitcoin's increasing value linked to its enhanced usability as a medium of exchange. Dive into the streamlined transaction experience with tools like ZapRite and how Bitcoin’s advantages can transform traditional commerce. Examine its role as both an exchange and a store of value while considering the implications of community support in overcoming barriers to direct exchange.

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Intro

00:00 • 23min

The Evolution of Bitcoin as a Medium of Exchange

22:33 • 24min

Streamlining Bitcoin Transactions with ZapRite

46:43 • 4min

Bitcoin: A New Era of Transactions

50:57 • 35min

Bitcoin's Value Through Exchange

01:25:32 • 17min

Exploring Bitcoin's Exchange Potential and Community Support

01:42:09 • 3min

"The market of bitcoin holders will ultimately expand to be larger than the size of any single country, and direct exchange will be possible by and between more people than ever before. That itself might be the single largest driving force that will expand the scope of trade and direct exchange–more people holding and being willing to accept bitcoin will create more trade channels than could possibly exist in the fiat world."
— Parker Lewis

Is it paradoxical that bitcoin's value could increase as it becomes easier to spend? In this episode, we explore the idea that bitcoin's value is rooted in its utility as a medium of exchange, and what this might mean for its future adoption and use.

Check out the original article at Bitcoin's Exchange Theory of Value (Link: https://tinyurl.com/3te3s666)

Links to check out:

Zaprite (Link: https://zaprite.com/)
Gradually Then Suddenly by Parker A. Lewis (Link: https://tinyurl.com/44yc2wb4)
Guy Swann: Rotten Money, Rotten Society (BitBlockBoom 2024) (Link: https://tinyurl.com/mvbj7mdv)

Guest Links

Parker Lewis on X (Link: https://x.com/parkeralewis)
Gradually Then Suddenly Website (Link: https://tinyurl.com/24yp38aa)

Host Links

⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)
⁠Guy on X ⁠(Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)
The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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Quote:
“It is the mark of an educated mind to be able to entertain a thought without accepting it.” ― Aristotle