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Don't miss the conclusion of Hayek's work, 'The Use of Knowledge in Society.' Visit the full piece, and the collection of other great work, economic analysis, news, & more over at fee.org. It is specifically because we only receive the most important piece of information, its new value in relation to other things (the price), that we can so quickly align ourselves with the new state of the world. 1:21:51May 23, 2019CryptoQuikRead_251 - Use of Knowledge in Society The brilliance of the price system is in coordinating the values, deeply limited knowledge and scarce resources precisely to their highest value need without having to understand or be aware of every single change in supply, alternatives, and uses of those resources among the economic participants. +-+The+Internet+of+Money%29 Found after I finished recording the episode (will update with details in the next show): -in-sight-333432:49May 24, 2019CryptoQuikRead_252 - Bitcoin's Security is Fine Is Bitcoin's security going to be unreliable, volatile, or could it even fail entirely when we lose the block subsidy? Or is #Bitcoin set to operate smoothly with a natural transition from newly minted bitcoin, to transaction fees? Exploring the security of Bitcoin in the next economic era, with Dan Held's amazing piece, 'Bitcoin's Security is Fine.' Don't forget to check out Dan Held's other work, the amazing set of links throughout the article, and drop some applause below: Don't forget to check out Dan's Held's asset management company, Interchange.

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