Fair Division Explained: Cake-Cutting, Game Theory & Dispute Resolution for DAO Governance | Bitlemmas Ep. 21 Bitcoin, game theory, and mechanism design collide in this deep dive into "Fair Division: From Cake-Cutting to Dispute Resolution" by Steven Brams and Alan Taylor. Hosts Watson and B. Sovereign break down what fairness…
Bitlemmas Episode 20 — Book Review: "A History of Money and Banking in the United States" by Murray N. Rothbard Keywords: Bitlemmas podcast, Murray Rothbard, A History of Money and Banking in the United States, Austrian economics, central banking history, Federal Reserve origins, gold standard, Gresham's Law, Cantillon effect, monetary…
Decentralization Doesn't Kill Control — It Hides It | BitLemmas Ep. 19 Most people think decentralization means freedom. Take out the center, open up the standards, let anyone connect — and power dissolves. Alexander Galloway's book Protocol says that's exactly wrong. In this episode, Watson and B. Sovereign break down…
- Episode 18 — Hidden Repression by Alex Gladstein Watson and B. Sovereign break down Hidden Repression by Alex Gladstein — a deep dive into how development lending by the IMF and World Bank can function less like aid and more like a financial control system. The book's central argument…
Is Bitcoin actually hard money...or just another tech asset? Watson and B. Sovereign sit down for a full critical review of The Bitcoin Standard by Saifedean Ammous, working through the monetary argument from the ground up. Not slogans. Not hype. Just the framework. What we cover in this episode: 00:00:35…
Bank deposits, money creation, and the hidden risks inside the fractional reserve system — explained. Most people don't know that when a bank makes a loan, it creates money. And when that loan disappears, so does the money. Watson and B. Sovereign pull from Friedman's framework to show how deposit…
Fed paralysis, gold standard constraints, and the bank panics of 1930 to 1933 — how divided authority turned a downturn into a catastrophe. Gold inflows were sterilized instead of used to expand the money supply. Regional banks, the Fed board, and the Treasury had conflicting incentives and no unified command.…
Federal Reserve inaction, monetary misdiagnosis, and the Great Depression — the policy failure Friedman spent 800 pages documenting. The Fed had the tools. It had the authority. What it lacked was the doctrine and the unified command to act. Watson and B. Sovereign break down why Friedman called the Great…
Deposits are money — and that's exactly what makes banking panics so dangerous. Friedman and Schwartz proved that when deposits vanish, the real economy feels it immediately: fewer wages paid, fewer goods bought, fewer contracts settled. Watson and B. Sovereign explain how monetary collapse can be prevented — and what…
Bank runs, money supply collapse, and the Great Depression — what Friedman and Schwartz got right that almost everyone else missed. When depositors panic and pull cash, the money stock doesn't just shrink — it can disappear. Watson and B. Sovereign break down the panic cascade from A Monetary History…
A Monetary History of the United States | Milton Friedman & Anna Schwartz | Bitcoin & Monetary Policy What really caused the Great Depression - and what does it mean for anyone building outside the legacy financial system today? In this episode, Watson and B. Sovereign review A Monetary History…
Keynesian economics meets Bitcoin sovereignty. Watson & B. Sovereign break down why effective demand — not supply — controls employment, and what that means for builders today. In Episode 15 of Bitlemmas, Watson and B. Sovereign do a deep dive into John Maynard Keynes' General Theory of Employment, Interest and…
Dawn of Everything | Review of the book by David Graeber & David Wengrow Is hierarchy really the price of scale — or have we just been told that story so many times we stopped questioning it? In this episode of the BitLemmas Podcast, Watson and B. Sovereign break down…
Cities without kings. Complexity without bureaucracy. Sound impossible? It already happened — we just weren't taught about it. Human history isn't a straight line toward domination. It's a story of experimentation. And the deepest thing we lost wasn't equality. It was the belief that we could reconfigure it all.
What if hierarchy was never inevitable? 👀 Early farming communities with no ruling class. Ancient cities built without domination. It sounds controversial — because we've been taught the opposite our whole lives. But the evidence is there. Civilization didn't require hierarchy. We just chose it. Or had it chosen for…
Domination isn't one thing — it's a stack. Sovereignty and the monopoly on violence. Control of knowledge. Control of charisma. Early states only needed two of the three. The modern state fuses all of them — and that's what makes it so powerful. For builders, this is your diagnostic tool:…
The most powerful prison is the belief that reconfiguration is impossible." 🔓 The antidote? Three freedoms — to move, to disobey, to reconfigure. And the systems we need to make them real: portable identifiers, open data, interoperable protocols.
What's the most powerful prison? One you can't see. Author [Name] breaks down the three freedoms that break domination — move, disobey, reconfigure — and asks the real question: what should we build? Systems where exit is easy. Open data. Interoperable protocols. Freedom by design.
Bitlemmas | The Book Club for the Open-Source World Open-source built the internet. Linux, Git, Apache, PostgreSQL — the backbone of modern computing was written by communities, not corporations. But today, those same communities are slowly being captured: by corporate foundations, centralized governance, and infrastructure they no longer control. Who's…
