Is Bitcoin destined to become another fiat system? Where we end up in a world where the dominant instrument isn't Bitcoin at all, but just more IOUs? Where Bitcoin substitutes replace real Bitcoin? Does it not just become another fiat system, or are there fundamental incentives and technological trends that prevent this and push us ever closer to total sovereignty? With smaller and smaller communities and institutions able to organize and exit in an independent way... where a Bitcoin world means a free world?
It's time for a follow-up to Eric Yake's and Axiom BTC's amazing piece, "Banks without bankers."
Get ready for another "Guys Take" episode.
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"Finish each day and be done with it. You have done what you could. Some blunders and absurdities no doubt crept in; forget them as soon as you can. Tomorrow is a new day. You shall begin it serenely and with too high a spirit to be encumbered with your old nonsense.” ― Ralph Waldo Emerson
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message"deflation is the natural order of a productive economy. If we were using a hard money standard like gold, for example, we would expect...
"Your barber or stylist likely has the broadest network of anyone you know. People from every walk of life, including business owners, accountants, teachers,...
I was lucky enough to get the opportunity at the Bitcoin 2019 Conference to sit down with Alex Adelman, the CEO of Lolli, and...