Concluding the “Bitcoin” section of Money, Bitcoin & Time. So many fascinating aspects of Bitcoin covered by author Robert Breedlove in this section including:
• A new form of life
• The many-sided network effects of Bitcoin
• Positive feedback loops
• The Minority Rule
• The TrustNet
& more!
“It removes the central banks, macroeconomists, politicians, presidents, dictators and military leaders from monetary policy and payments authorization once and for all.”
If you haven't listened to the previous parts of this incredible piece, visit the links below:
Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_286---Money--Bitcoin--Time-Part-1---Robert-Breedlove-e52gih
Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_287---Money-is-a-Social-Network---Money--Bitcoin--Time-Part-2---Robert-Breedlove-e53ug5
Part 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_288---The-Economic-Nervous-System---Money--Bitcoin---Time-Part-3---Robert-Breedlove-e54u2e
Part 4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_294---The-Simple-Truth-About-Bitcoin---Money--Bitcoin--Time-Part-4---Robert-Breedlove-e5djsh
"The power of prices is the process of dynamic discovery that underpins their emergence, not the fleeting consensus of a specific moment in time. ...
"If Bitcoin had existed in Tesla’s time, it would have removed the need for a corrupted monetary arrangement. Bitcoin mining is a permissionless and...
"One counterargument might be that the de facto state capture of Ethereum in gradually becoming more and more OFAC compliant could, at the same...