“Those who argue “high fees will kill adoption” fail to understand the intensity of assurances Bitcoin offers, and the ease at which it does this. Put lightly — Bitcoin is insanely cheap compared to alternative options for obtaining high degrees of assurance. Bitcoin is a vehicle built for moon missions, but we are giving it similar treatment to a scooter.” @imacallyoujawdy
Don't miss an excellent piece exploring the revolution of money and accounting assurances represented in the Bitcoin system. Plus my own commentary on why gold acted as a check to the accounting limitations of the past & why Bitcoin has changed the entire game all over again. From @imacallyoujawdy, we read "Bitcoin: An Accounting Revolution."
Don't forget to check out the full article and follow the author on Twitter:
https://twitter.com/ImacallyouJawdy
https://medium.com/@permabullnino/bitcoin-an-accounting-revolution-40efcb903d7b
"While many of the innovations in the space are new, they’re built on decades of work that led to this point. By tracing this...
"...And we’re just considering two sources of nonrival energy: clean energy curtailment in China, and vented/flared gas in the U.S. There are many other...
In today's chat we dive into destroying economic myths and unraveling the political divides of our time toward what future they may be leading...