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:
https://blog.picks.co/bitcoins-security-is-fine-93391d9b61a8
Don't forget to check out Dan's Held's asset management company, Interchange.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
"The difference between the Linden Dollar, World of Warcraft Gold, Fortnite V-Bucks, the Euro, and the U.S. dollar is in scale, not in nature....
"That dogma was necessary — without it the people who have built this ecosystem into what it is today wouldn’t have had the motivation...
"This confluence of Fed hikes and investor naivety “presents the setup for a severe washout” as the “pernicious effects of rising interest rates on...