CryptoQuikRead_338 - The Information Theory of Money [Dan Held] - a podcast by Guy Swann

from 2020-01-10T19:06

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"Prices are the coordinating force of a free market system. Each individual decision-maker can rely on the prices of goods and services to help with their decision making, as the prices themselves are a distillation of all known market information into a single metric." - Dan Held

This is one of those articles that just explores the emergent brilliance of the free market system&easily got me into a near 40 minute rant afterward. Prices are not arbitrary, and a market price is quite possibly the most information dense piece of actionable data you can find anywhere. Learn all about it, in this piece from The Bitcoin Times Ed 2, "The Information Theory of Money."

Below are the links to follow Dan Held for more great work, drop some applause on this article, and follow @timelessbitcoin so you don't miss anything from this publication:https://twitter.com/danheld
https://medium.com/the-bitcoin-times/information-theory-of-money-36247aebdfe1https://twitter.com/TimelessBitcoin
Things you must also listen to because I told you to!• Hayek's "Use of Knowledge in Society"
Part 1Part 2
• Leonard Reed's "I, Pencil"• TEDtalk "How I Built a Toaster... from Scratch"
https://www.ted.com/talks/thomas_thwaites_how_i_built_a_toaster_from_scratch#t-12942If you are enjoying the show&would like to support my work in turning all of the most fascinating and profound works in the Bitcoin space into the audio versions they deserve, become a patron! Not to mention you will get access to the Crpytoconomy Telegram Crew where we hang out and worship the Light of Nakamoto! XD
www.patreon.com/thecryptoconomyLearn more about your ad choices. Visit megaphone.fm/adchoices

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