CryptoQuikRead_351 - Bitcoin is Not a Pyramid Scheme [Parker Lewis]

February 11, 2020 01:41:51
CryptoQuikRead_351 - Bitcoin is Not a Pyramid Scheme  [Parker Lewis]
Bitcoin Audible
CryptoQuikRead_351 - Bitcoin is Not a Pyramid Scheme [Parker Lewis]

Feb 11 2020 | 01:41:51

/

Hosted By

Guy Swann

Show Notes

"Not everyone understands what a pyramid scheme actually is, what the warning signs may be, or why such schemes always fail [...] The distinctions should be glaringly obvious, but because bitcoin is complex and the very idea of money is not well understood, it can easily be confused." - Parker Lewis

Today we are diving back into the Gradually, Then Suddenly series from Unchained Capital with an excellent breakdown of what Bitcoin is, and what it isn't. Starting with the both obvious, yet not so obvious truth, that it is certainly not a pyramid scheme! Don't miss another incredible installments by Parker Lewis.

Original Article and the rest of the series below:
https://unchained-capital.com/blog/bitcoin-is-not-a-pyramid-scheme/

Other great pieces mentioned both in the article, and in the commentary:
• Everyone's a Scammer:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_267---Everyones-a-Scammer-Michael-Goldstein-e4ihq8
• Bitcoin Has No Intrinsic Value:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249---Bitcoin-Has-No-Intrinsic-Value---Thats-Great--Conner-Brown-e43bcm
• Use of Knowledge in Society
Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj
Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0
• A Story of Booms & Busts
https://anchor.fm/thecryptoconomy/episodes/GuysTake_18---A-Story-About-Booms--Busts-e4aflh

If you'd like to support this show and become a patron, click the link below!
www.patreon.com/thecryptoconomy

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

Other Episodes

Episode

May 25, 2020 01:33:15
Episode Cover

Chat_39 - Bitcoin Renaissance - with Marty Bent, John Vallis, Alex Gladstein, Elizabeth Prefontaine, & Brady Swenson

We had a fascinating panel discussion hosted by John Vallis with an amazing group at the Value of Bitcoin Conference. All about the Global...

Listen

Episode

May 26, 2021 01:21:27
Episode Cover

Read_529 - PART 2: The Inflation/Deflation Debate [Lyn Alden]

"deflation is the natural order of a productive economy. If we were using a hard money standard like gold, for example, we would expect...

Listen

Episode

August 24, 2020 01:13:48
Episode Cover

Masters & Slaves of Money - By Robert Breedlove

"Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time...

Listen