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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!
Continuing with Part 2 of the journey through the "Bitcoin Threat Model" to be followed by the "Human Threat Model," both by @jwweatherman. An...
Does Digital code present the possibility of augmenting, or even replacing, the functions of traditional private law? Nick Szabo explores the concept in his...
"The empty block attack is one where a majority of mining power would be directed at mining only empty blocks and rejecting non-empty blocks....
