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!
"Nostr isn't just a social network, in a similar way that Bitcoin isn't just a transaction network. Both of these things are true, but...
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...
"Bitcoin is not a hedge against inflation; it is the permanent solution to inflation, and those are two very different things." - Parker Lewis...