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!
Next up in the Gradually, Then Suddenly series by Parker Lewis and available on the incredible blog over at unchained-capital.com is "Bitcoin, Not Blockchain."...
Lightning is a fascinating protocol with enormous potential, but also many challenges. A nee mechanism for updating channel states may work to solve some...
Closing the week with the incredible conclusion of Knut Svanholm's work! Don't forget to thank him for making this available to us and everyone...