The 5th installment of the always fascinating "Gradually, then Suddenly" series from Parker Lewis and Unchained Capital. What is the real problem that Bitcoin solves, and how does it compare to the alternatives? Are mass payments an impossible problem, and isn't Bitcoin too slow to be global money? This piece is packed with digital gold, so don't miss it!
Link the the original article so you can get a head start and check out all the other incredible writing at Unchained-capital.com. Don't forget to follow Parker on Twitter for more of his work:
https://www.unchained-capital.com/blog/bitcoin-is-not-too-slow/
https://twitter.com/parkeralewis
Other great episodes and content to go down the rabbit hole on this one!
• Use of Knowledge in Society Parts 1 & 2
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj
• 7 Misunderstandings of Bitcoin's Scaling Problem (this is old, forgive me)
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_038---7-Misunderstandings-of-Bitcoins-Scaling-Problem-e2ndtf
• Bitcoin & Software Reliability
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_254---Bitcoin--Software-Reliability-beautyon_-e46lnu
• Gradually, then Suddenly [the series so far]
1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_290---Gradually--Then-Suddenly-Parker-Lewis-e55nu4
2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11
3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_302---Bitcoin-is-Not-Too-Volatile-Parker-Lewis-e6diss
4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_306---Bitcoin-Does-Not-Waste-Energy-Parker-Lewis-e7ojph
You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
https://www.patreon.com/thecryptoconomy
"Many aspects of the Bitcoin mining industry are poorly understood and often misrepresented. But one practice in this sector stands apart for the misunderstandings...
"One issue with Bitcoin’s privacy, the ability to receive funds without giving up valuable information, is addressed with 'silent payments.'" - Shinobi Today we...
Inflation, or manipulation of the money supply to the benefit of the politically well connected, is quite possibly the most pervasive frauds of modern...