"The power of prices is the process of dynamic discovery that underpins their emergence, not the fleeting consensus of a specific moment in time. The price is never right, but prices are as right as can be hoped for at that moment. Attempts to coerce prices without the ability to change the reality they communicate are, therefore, bound to run into trouble. And yet we do not seem capable of accepting the truth of prices whenever it is inconvenient. To ensure that consensus can arrive at valid social truths, we require systems or institutions that withstand attempts at coercion and which tap into decentralized discovery.
Martial arts are a fitting case study, and an encouraging allegory for all that follows. A few decades ago, they were under the grip of bullshitting coercion. Today, they are thriving under a marketplace of ideas." - Allen & Sacha
In another piece from Bitcoin Magazine and returning authors Allen Farrington & Sacha Meyers we get an exploration of the mixed martial arts and how in recent decades it has been thrust into a world of discovery and competition. No longer constrained by the strict rules of authority and claims of superiority, but open to a marketplace of ideas where the truth is verified, not trusted. One of the amazing pieces from the book by the same authors, a must have for every Bitcoiner, Bitcoin is Venice.
Find the original article and numerous other amazing works both from these authors and at Bitcoin Magazine at the link below:
https://bitcoinmagazine.com/culture/bitcoin-and-the-truth-of-mixed-martial-arts
Check out our amazing sponsors and the products that Guy uses most in the space:
• COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/)
• The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy)
• Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold)
Learn more about your ad choices. Visit megaphone.fm/adchoices
