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!
"Ossification is complacency. Yes, we all agree that Bitcoin is great. But _I do not agree_ that Bitcoin has reached its full potential. I...
New ideas take the stage at the EIP:0 meeting. Governance, Inflation, Social Consensus, funds recovery and more. Reading one of Rachel O’Leary’s great articles...
"I’m going to clear things up here because most of the people piling on were deeply confused about me, my firm, and what I...