CryptoQuikRead_323 - Transaction Count is an Inferior Measure [Nic Carter]

November 25, 2019 00:37:14
CryptoQuikRead_323 - Transaction Count is an Inferior Measure [Nic Carter]
Bitcoin Audible
CryptoQuikRead_323 - Transaction Count is an Inferior Measure [Nic Carter]

Nov 25 2019 | 00:37:14

/

Hosted By

Guy Swann

Show Notes

To think of the value of a global, jurisdiction-less, "money-for-enemies" network as nothing more than the result of how many transactions it can do on the base layer, is to miss the point entirely.  The difference between the payments systems and settlement systems of the world, their degree of assurances, and the desirable characteristics of their operation are often diametrically opposed. Listen to another of Nic Carter's excellent pieces to learn all about how "Transaction Count is an Inferior Measure."

Check out the original post (great charts illustrating his argument) on Nic's Medium page, plus the tons of other great written content he publishes regularly:
https://medium.com/@nic__carter/transaction-count-is-an-inferior-measure-fba2d5ac97f1

Another great tool to show the relative "speed" of competing networks:
https://howmanyconfs.com/

Other great work in audio from Nic Carter:
• A Most Peaceful Revolution
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293---A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm
• A Most Peaceful Revolution (Guy's Follow Up)
https://anchor.fm/thecryptoconomy/episodes/GuysTake_23---Revolution-in-the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9
• Unpacking Bitcoin's Assurances
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_281---Unpacking-Bitcoins-Assurances-Nic-Carter-e4sn3r
• How to Scale Bitcoin Without Changing a Thing [parts 1 & 2]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_238---How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-1---Nic-Carter-e3qgfg
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_239---How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-2---Nic-Carter-e3qsvi
• Bitcoin's Existential Crisis
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_181---Bitcoins-Existential-Crisis-Nic-Carter-e2ndok

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

July 06, 2023 01:38:27
Episode Cover

Guy's Take #68 - Lightning & the Ai Economy

Ai agents are going to be able to seek out, delegate, and pay for micro services from an ecosystem of other agents & services....

Listen

Episode

March 08, 2023 00:43:19
Episode Cover

Read_708 - Implications of Open Monetary & Information Networks, Part 2 [Lyn Alden]

"Over the long run, I view the outcome, one way or the other, more as a matter of technology than politics. From the top-down...

Listen

Episode

March 14, 2024 00:48:38
Episode Cover

Ai_019 - What if You Had a Personal Software Developer

With the announcement of Devin, the "First AI Software Engineer" by Cognition Labs, some are calling it a breakthrough, while others aren't so impressed...

Listen