In Part I, Parker Lewis and Dhruv Bansal make the case that bitcoin’s true breakthrough is its credibly enforced fixed supply. They explain how economic systems naturally converge on one money because trade is an intersubjective problem—and convergence happens by necessity, not coincidence. Decentralization defends the fixed supply—but just as importantly, the fixed supply enables decentralization by simplifying pricing so much that the market for releasing bitcoin into circulation can be decentralized. These properties position bitcoin as a trustless, global monetary standard. 

Andreas Antonopolous is one of the first people to help explain bitcoin to the masses. If you want to understand bitcoin at a deeper level this video covers all aspects of how everything works together. 

1Hr 50 Min

Good primer video with Michael Saylor and Tucker Carlson: Michael Saylor is the CEO of MicroStrategy, a publicly traded company that changed their corporate balance sheet to hold bitcoin along with other traditional assets. 

1Hr 20 Min

This is famous investor Ray Dalio. In this video he explains how the economy works at different levels. If you have never asked yourself who pays Mr. Wal Mart or Mr. Home Depot; then I would start here. Ray Dalio breaks down complicated market concepts into charts and graphs to help us understand the financial world. 

30 Min

To untrain your mind on how the existing fiat monetary standard works, you have to understand how US treasuries replaced gold at the base layer of money. Here NIk Bahtia explains the hierarchy of monies in our world under the US Dollar global reserve system. 

2 Hrs

Energy is not a bad thing, nor is consuming it. However wasting energy or any restricted resource for that matter is not a good thing. Bitcoin miners travel around the globe to find the cheapest energy being wasted and then consume that energy to secure the labor you have chosen to store in the Bitcoin network.

In this video some of the most well read individuals on bitcoin explain why energy use in bitcoin is valuable. 

6 Min

Bitcoin mining is basically a bunch of computers guessing at one time. In order for this to be beneficial to all parties, local municipalities work with bitcoin miners to build out the capacity of their electrical grid to help the local energy market. If at any point the local community needs access to that power, miners can programmatically shut down their capacity and give that power back to the grid. So in realty it is a symbiotic relationship with the municipality.

2 Min

• #bitcoin in El Zonte El Salvador