GuysTake_18 - A Story About Booms & Busts

June 11, 2019 00:40:38
GuysTake_18 - A Story About Booms & Busts
Bitcoin Audible
GuysTake_18 - A Story About Booms & Busts

Jun 11 2019 | 00:40:38

/

Hosted By

Guy Swann

Show Notes

Today I wanted to cover an analogy I have hit in the past to explain what's happening in the boom/bust cycle.  One that sheds light on the fact that the imbalance is a fundamental element of the fractional reserve system, rather than an unexplainable flaw of humanity shrugged away by "animal spirits."  

What do cars, tickets, and vacation plans have to do with the boom/bust cycle?  Listen to find out!

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

Other Episodes

Episode

October 05, 2022 01:16:23
Episode Cover

Read_660 - Bitcoin is Digital Scarcity [Dergigi]

"The difference between the Linden Dollar, World of Warcraft Gold, Fortnite V-Bucks, the Euro, and the U.S. dollar is in scale, not in nature....

Listen

Episode

October 09, 2023 01:20:03
Episode Cover

FEATURING AI Unchained #008 - Ecash and Ai with Obi Nwosu

Obi Nwosu, co-founder and CEO of Fedi, joins us today to talk about the new innovations and challenges in decentralising the web and how...

Listen

Episode

August 12, 2021 02:07:28
Episode Cover

Read_550 - Bitcoin's Energy Use isn't a Problem, Here's Why [Lyn Alden]

"And it’s easier to sensa­tion­alize things for pageviews or polit­ical gain. For example, it’s commonly said that the Bitcoin network uses more energy than...

Listen