Hosted By
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!
"Bitcoin fails as a money b/c of its naive monetary policy. Many people think government printing too much is evil, so a fixed money...
"We have the fork wars, we have a culture that understands the importance of nodes and widespread enforcement of a protocol and its rules....
If you haven't seen it, don't miss out on this moment in history. Jack Mallers' announcement and speech at Bitcoin2021 on the massive moves...
