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

January 22, 2021 01:02:49
Episode Cover

Guy’s Take #40 - Double Spends & Wittgenstein’s Money

What the hell is everyone squealing about regarding this “critical flaw” and “confirmed double spend” on the Bitcoin network? Is this another 2013 bug,...

Listen

Episode

March 26, 2021 01:04:41
Episode Cover

Read_509 - Fidelity: Addressing Persisting Bitcoin Criticisms [Ria Bhutoria]

"Bitcoin is a unique digital asset for an increasingly digital world that requires digging deeper than the surface level to understand its core properties...

Listen

Episode

June 05, 2018 00:22:49
Episode Cover

CryptoQuikRead_085 - Increasing Bitcoin Privacy Using the Lightning Network

One of the features of the Lightning network is its innate benefits to privacy.  Listen to a short exploration of privacy in Lightning with...

Listen