"Of all measurement instruments, the clock is the most valuable because so many of the things we sacrifice to create are not fungible. The massive clock towers of Europe, with their enormous loud and resonant bells, broadcasting time, fairly across the town and even the countryside, rather than the last relics of the medieval, were the first building block of the wealthy modern world."
~ Nick Szabo
Part 2 of "A Measure of Sacrifice" delves into the profound impact of mechanical clocks on societal structures, emphasizing how the precise measurement of time transformed economic practices and labor relations. By creating a standardized and fungible measure of sacrifice — time — clocks facilitated the shift from serfdom and slavery to wage labor, showcasing the power of technological advancements in reshaping human interactions and values. How does this illuminate the value and role of Bitcoin in creating a new revolution in the measure and exchange of sacrifice, independently and verifiably? Could it end monetary slavery?
Check out the original article at A Measure of Sacrifice (Link: https://tinyurl.com/3j54336p)
Links from the commentary
Guest Links
Host Links
Check out our awesome sponsors!
“When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.”
~ Thomas Sowell
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/messageTPR_002 - From Local to Global with Holesail
Read_823 - Scaling Trust
Read_822 - Denial of Service Attack on Consensus [Re-post]
Read_821 - The Most Important Thing You'll Read This Year [Re-post]
Chat_100 - Privacy is a Crime with Travis West [Re-post]
TPR_001 - Return of the P2P Web [Re-post]
Chat_099 - Failure, Hope and the Purpose of Bitcoin with Bitcoin Mechanic
Read_820 - The Bitcoin Stack
Read_819 - Bitcoin Drain in the USA
Guy's Take_085 - They Are Coming
Read_818 - Reviewing Reviews
Read_817 - The Bitcoin Renaissance: How Lightning Will Connect Everything
Chat_098 - Replacing Gold with Tuur Demeester
Read_816 - Why I'm Still Not Buying Bitcoin
Read_815 - What are Mises’s Six Lessons
Guy's Take_084 - Fiat Finance
Read_814 - Dogma Kills Brain Cells
Read_813 - Mises's Regression Theorem, Bitcoin, and Subjective Value
Chat_097 - Lightning Offline with Super Testnet
Guy's Take_083 - It's Going Up Forever, Laura
Create your
podcast in
minutes
It is Free
Insight Story: Tech Trends Unpacked
Zero-Shot
Fast Forward by Tomorrow Unlocked: Tech past, tech future
The Unbelivable Truth - Series 1 - 26 including specials and pilot
Acquired