CryptoQuikRead_335 - Bitcoin is Not Backed by Nothing [Parker Lewis]

January 02, 2020 01:07:50
CryptoQuikRead_335 - Bitcoin is Not Backed by Nothing [Parker Lewis]
Bitcoin Audible
CryptoQuikRead_335 - Bitcoin is Not Backed by Nothing [Parker Lewis]

Jan 02 2020 | 01:07:50

/

Hosted By

Guy Swann

Show Notes

"To provide broader context, the Federal Reserve, the Bank of Japan and the European Central bank have collectively created $10 trillion dollars-worth of new money since the financial crisis, the equivalent of approximately $500,000 per bitcoin. Despite dollars, euro, yen and bitcoin all being digital, bitcoin is the only medium that is tangibly scarce and the only one with inherent monetary properties."  - Parker Lewis

Continuing the awesome Gradually, then Suddenly series on the Unchained Capital Blog, we hit today's read, Bitcoin is Not Backed by Nothing. An amazing journey through the nature of our current monetary insanity, & the profound immutability of Bitcoin it must now compete with. TL;DR there is no comparison.  
https://www.unchained-capital.com/blog/bitcoin-is-not-backed-by-nothing/

Don't forget to check out the Unchained Capital Blog and the other amazing parts of this Series by checking out the Uchained Collection Below:
(check back soon)
https://www.unchained-capital.com/blog/

Don't forget that if you are enjoying the show & would like to support my work in turning all of the most fascinating and profound works in the Bitcoin space into the audio versions they deserve, become a patron! Not to mention you will get access to the Crpytoconomy Telegram Crew where we hang out and worship the Light of Nakamoto! XD
www.patreon.com/thecryptoconomy

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

Other Episodes

Episode

November 05, 2020 00:44:47
Episode Cover

Read_458- The Lightning Liquidity Marketplace [Peter Chawaga]

“Lightning Labs is positioning this release as a step toward an ecosystem of Lightning-based financial products, which it called “LiFi.” - Peter Chawaga A...

Listen

Episode

July 10, 2018 00:28:58
Episode Cover

CryptoQuikRead_108 - Bitcoin Governance [Pierre Rochard]

"Compromising on trustlessness could help the Bitcoin price find a local maximum, at the expense of finding a much higher global maximum." - Pierre...

Listen

Episode

December 23, 2024 01:53:53
Episode Cover

Roundtable_005 - 21 MIL NOT GUARANTEED!, Blackrock, Saylor, El Salvador, SBR, and more

December brings with it a return to the glory days of FUD. Blackjack has done the unthinkable, and the 21 million limit to Bitcoin...

Listen