An economy leveraged 150:1
A spiraling tower of debts to pay for our previous debts
Central Banks repeating the same policies that caused our problems as their solutions
The confiscation through counterfeit of $Trillions in economic production
Massive distortions of the price mechanism
& monetary authorities who argue over not whether they should, but by how much they will debase our hard earned money
Bitcoin Fixes This.
Part 6 in the Gradually, Then Suddenly series by Parker Lewis from the Unchained Capital blog.
Unchained just dropped the "greatest hits" collection of their blog, tons of great content to explore below:
https://unchainedcap.wpengine.com/greatest-hits/
Mentioned in the show:
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
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0
If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
"Do we need an AGI Manhattan Project? Slowly at first, then all at once, it will become clear: this is happening, things are going...
"The whole MNav trade, it has as much implied leverage on the way down as it does on the way up.I have a lot...
Ai is a powerful tool, and thus, necessarily comes with incredible risk. It could obsolete millions of workers, taking jobs and productive capacity away...