Bitcoin Magazine Podcast - The Epic of Bitcoin with Allen Farrington

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Jul 10, 2023
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Click to download audio version Prior to the Bitcoin 2021 Conference,
Bitcoin Magazine Podcast host Christian Keroles sat down with keynote
speaker and incredible Bitcoin thinker for one of his very first podcasts
appearances. This interview covers two of Allen's seminal works and why
Farrington prefers to investigate Bitcoin’s cultural and literature alignments
over the typical framing of economics, trading and technology. First Keroles and
Farrington dive into his article The Capital Stripmine. The article is a ~30
minute read and it dives into why the current fiat system is effectively strip
mining the US and current financial system of its resources. He compares what is
going on in capital markets to the strip mining techniques that have become
popular in modern day. Allen laments that because of fiat money’s poor
incentives, civilization has taken on a growth at all cost mentality and have
thrown away all regard for long term thinking and preservation. Second he get
into Allen’s blockbuster article Bitcoin is Venice, Bitcoin Is. In
this article Farrington, educates the reader about the anomaly that is
Venice Italy at is peak. Venice was a magical mixture of a sound
money, capitalistic, and free society when many of its neighbors where still
operating in futility. Venice in contrast to other large cities was a bastion
for the arts, wealth, and thought. Farrington details how Bitcoin’s sounds and
fair monetary properties provide a framework for humanity to return back to
Venice esc conditions and hopefully prosperity. Lastly Keroles and Farrington
discuss Allen’s plan’s for his now live Bitcoin 2021 key note
presentation titled, The Milk Of Paradise: Bitcoin And The Western Canon. The
speech discusses how Western literature, culture, and historical lessons can all
be fit into the values and properties that Bitcoin codifies into a physical
network on nodes that maintain consensus in a decentralized way. Please enjoy
this fascinating conversation with Allen Farrington. Follow Allen Farrington
@allenf32