The Broke Issue
What ain’t broke these days?
The supply-chain, broke. The medical system, broke. Trust in the media, broke. Approval ratings, historically broke. Inflation? Why just last quarter it broke a decades high. The incentives are broke. Hell, you and me and your grandma are all broke, too.
As 2023 begins, The Broke Issue stares head-on into the looming realities of a broken economy and a broker central bank, into the phony-altruistic eyes of crypto’s brokest swine, and considers how Bitcoiners can share their knowledge, their projects and their mentalities to remain strong economic nodes throughout the winter.
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Table Of Contents
“Going For Broke: The Rise And Fall Of Sam Bankman-Fried” by The Editors
How Sam Bankman-Fried built a broken empire and how it all came crashing down.
“The Death of Bonds” by Joe Consorti, market analyst at The Bitcoin Layer
Central banks don’t manage the boom and bust cycle, they create it.
“Broken Hearts” by Nozomi Hayase, a historian in the digital age
Love is a learned phenomenon and that learning to live with and embrace others’ differences requires skills.
“Autonomy Through Anonymity” by Aaron Daniel, author of The Bitcoin Brief, a legal research newsletter
Reconceptualizing privacy-enhancing tools under the U.S. Constitution.
“Broken Trust” by Aristophanes, a terminally-online suburban dad and veteran who reviews books in his spare time
There is a bank run on trust, and our institutions will soon be insolvent.
“Protopia” by Ben Woosley, a friend in the truth and lover of liberty
A Protopian’s guide to saving the future.
“All Your Models Are Broken: The Great Reconciliation” by Harald Rauter
Using Bitcoin to demonstrate open-competition will be significantly more efficient than coerced cooperation in the great energy transition.
“Broken Metaphors: Memes & Virality” by Morry Kolman, an internet researcher, writer and artist
The dilemmas meme theorists treat as novel are simply the pasts of their metaphors catching up with them.
“Buy The Numbers: Building Blocks” by Joe Rodgers, general manager of print at Bitcoin Magazine
How miners build candidate blocks to optimize for both transaction fees and block subsidies, and how these incentives help dissolve the danger of censorship.
“Zen And The Art Of UTXO Maintenance” by Captain Sidd, a researcher and writer focused on finance, monetary history and Bitcoin
Everywhere you look, people are increasingly frantic around the subject of trust.
“The Sovereign Individual: 25 Years” by various contributors
We asked our contributors to reflect on 25 years of “The Sovereign Individual” and present their own takes on how to apply its teachings to the world we find ourselves in today.
“The Prisoner’s Keys” by William Schoellkopf, author of “The Bitcoin Dog: Following The Scent To The Bitcoin C++ Source Code” and host of the Bitcoin podcast “It’s So Early!”
Twenty-one days ago, I was all about proof-of-work — yet here I am, contemplating my proof of captivity.
For Sovereignty In A Broken World, Cognitive Skills Are Key” by Heidi Porter, an entrepreneur with 35 years in technology
“Cognitive skills will be rewarded as never before. It will be more important to think clearly, as ideas will become a form of wealth.”
“Breaking Ground: Permaculture, Sovereign Sustainable Systems” by Shinobi, a pseudonymous Bitcoiner who has been deeply researching and learning about Bitcoin since 2013.
All of the money in the world will not help you achieve “sovereignty” if you are entirely dependent on the whims of other people for the things you actually need to live and thrive.
“Broken Beyond Repair” by Craig Deutsch, editor at Bitcoin Magazine and designer of The Bitcoin Game board game
The American education system has lost the plot.
“Broken Arrow: Atomic Energy & The Crisis Of Ignorance” by T-Bain, a licensed professional engineer and a certified Bitcoin professional who specializes in the electrical power grid and bitcoin mining mechanics.
Those seeking to ration energy or electricity usage are seeking to ration well-being and prosperity.
“Dr. Orangelove Or: How I Learned To Stop Worrying and Love Bitcoin” by Max Keiser, cohost of the “Max & Stacy Report,” virtual currency inventor, co-founder and former CEO of Hollywood Stock Exchange.
Whereas splitting the atom potentially will end the world, splitting the state-money duopoly will mend the world.
“Making Bitcoin Unstoppable: Part Two, Energy” by L0la L33tz, privacy and Bitcoin writer
If we want to see a world operating on a Bitcoin standard, we must concern ourselves with the implications of failing electricity grids.
“How Bad It’s Going To Get” by Tim Dillon, standup comic, CEO of Fake Business, and host of “The Tim Dillon Show.”
There’s not much to do at the end, really, other than just wish everyone well.
Bitcoin Meetup Calendar
Where can you find Bitcoiners in your area IRL?
“The Little Hodler” by Lina Seiche
The Little HODLer is a bitcoiner like you and me, just trying to live his best life while watching the emergence of a new financial system.
“Song Sheet: Go Woke, Go Broke” by Jimmy Song, Bitcoin developer, educator, author and entrepreneur.
Once you deny economic reality, the only path forward is tyranny.