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!
"Stablecoins are acting in a way where they're bottoms up becoming a country. Countries are trying to reason with it, and the one thing...
"And replacing gold is just the start. Bitcoin isn’t just a better gold; because of its programmability, it’s a platform that will host the...
"My own prediction is that slow bleed has been accelerating and is only the first step. The second step will be speculative attacks that...