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Bitcoin is Venice: Essays on the Past and Future of Capitalism
Audible Audiobook
– Unabridged
Allen Farrington and Sacha Meyers chart a crash course through the pitfalls of modern economic theory and the world's fiat money system with a hopeful destination in Bitcoin is Venice. What if a global, digital, sound, open-source, programmable currency was monetizing from absolute zero? How might our conception of capital change? What novel forms of capital formation and economic production will become possible? How might they affect the design of social institutions? Can Bitcoin bring about a new Renaissance? With Farrington and Meyers, the discussion is as revolutionary as the answers.
- Listening Length16 hours and 42 minutes
- Audible release dateJuly 24, 2023
- LanguageEnglish
- ASINB0CCQ9V1CZ
- VersionUnabridged
- Program TypeAudiobook
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Product details
Listening Length | 16 hours and 42 minutes |
---|---|
Author | Allen Farrington, Sacha Meyers |
Narrator | Guy Swann |
Whispersync for Voice | Ready |
Audible.com Release Date | July 24, 2023 |
Publisher | Bitcoin Magazine Books |
Program Type | Audiobook |
Version | Unabridged |
Language | English |
ASIN | B0CCQ9V1CZ |
Best Sellers Rank | #82,116 in Audible Books & Originals (See Top 100 in Audible Books & Originals) #447 in Investing & Trading #1,675 in Investing (Books) |
Customer reviews
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- Reviewed in the United States on August 8, 2022I came for the bitcoin, but stayed for the treatment of dirt as environmental capital, the UFC as praxis, capital as "economic potential energy," entrepreneurship as authorship, and the moral exhortation to "just buidl."
I liked that the authors borrow and extend de Soto's definition of capital as "economic potential energy" to include environmental, urban, social, and cultural forms. This way of conceptualizing capital will probably become a permanent part of my thinking.
Take dirt. I already knew that healthy soil is important to farm yields and civilization. But the authors powerfully illustrate how, under "degenerate fiat capitalism," people are perversely incentivized to maximize flows from natural resources for shortsighted reasons, instead of encouraged to nourish, replenish, and grow such stocks.
This distinction between stocks and flows gave me a new way of thinking about what I am teaching my kindergarten students when they learn that dirt is "soil without nutrients" in our farm unit. Whatever the intentions of the curriculum, that definition of dirt is not the worst introduction to environmental capital, before more abstract forms are (hopefully) later introduced!
Do know that the authors assume a good deal of background knowledge relevant to political economy. Try as I might, I couldn't wrap my mind around the precise nature and function of the US dollar as "self-referential toxic debt" in our labryrinthine system. Maybe someday it'll click.
Even so, I'm glad I read this. I went in expecting a heavy intellectual lift, and this book certainly is, but I was also pleasantly surprised that my experience reading this book felt like something of a spiritual exercise. This is because I was inspired by the authors' speculative description of a healthier capitalism centered on a reverence for capital in all its forms and fortified by a bitcoin standard.
- Reviewed in the United States on December 27, 2024MUST TO!
- Reviewed in the United States on July 24, 2024Read it and you'll know the answer.
- Reviewed in the United States on November 10, 2023What this book does best is crystallize a vision of a Bitcoin future and why it makes sense given the failings of the fiat "Capital Strip Mine". Everything from the comparisons to medieval Genoa, comparing New York urban design perspectives, to the deep investigation of cultural capital and the influence of the Medici family adds layers to one's conviction and passion for humanity's greatest technology.
- Reviewed in the United States on April 7, 2024The ideas and conclusion drawn are very well thought out and need to be understood by all. Unfortunately the writing style makes it difficult to do so. It’s laborious and uses more words than necessary, many of them chosen to sound important and sophisticated, rather than for clarity.
- Reviewed in the United States on January 3, 2024Impressed
- Reviewed in the United States on December 27, 2023While I don’t agree with all of the author’s thesis and conclusions, I think many points are spot on. The endnotes alone are with the price of the book. Patient readers will benefit from this text. I also spent time in ChatGPT asking the AI to expand on some text. Overall, a worthwhile read.
- Reviewed in the United States on April 30, 2022I'm not going to lie, this book was mostly over my head... But I really enjoyed it. At times it made sense to me and was illuminating. I highly recommend to someone with an interest in Bitcoin and philosophy.
Top reviews from other countries
- Amazon CustomerReviewed in Spain on April 29, 2022
5.0 out of 5 stars super book
A lot to digest, clear written and very interesting topics about austrian economics. We are living in the renaissance of economics. Probably nothing
- Simon SmithReviewed in the United Kingdom on September 25, 2023
1.0 out of 5 stars Very complicated language
Allen has clearly put a lot of work into this book, but I am sorry to say that this book really doesn't explain things in terms that people can easily understand. I have been an economist for over 20 years and have been reading about Bitcoin for over 7 years now and I just can't follow much of it.
I love reading about bitcoin and think that sharing of ideas is a key way to work towards mainstream adoption, but sadly I have to question whether this book might lose people than it attracts into this space.
I make these comments on a constructive basis, in the hope that authors of books can focus on delivering a message that is understandable by the majority.
- ArthurReviewed in France on June 27, 2022
5.0 out of 5 stars Great book
Quite long - but great book overall. Particularly enjoyed historical facts such as the history of the Medici and social capital. Well done.
- GreenReviewed in Australia on March 4, 2023
5.0 out of 5 stars enlightenment attained.
Loved the journey from the moment I set out with the fur page until I reached back to port at its conclusion.
I’ve already recommended this work to several Bitcoin community members in Australia.
Almost a seminal work here.
This book should be at home with us all.