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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!
This episode is partly a follow up from Read_628 on reviving a promising renewable energy technology. Partly a discussion of the incredible economic subsidy...
Listen to the extraordinary history of the Lightning Network stretching back to the beginnings of Bitcoin itself. Link to the article on Bitcoin Magazine:https://bitcoinmagazine.com/articles/history-lightning-brainstorm-beta/...
Proof of stake, versus proof of work. Isn’t POW super wasteful, while POS is the cost free alternative that obviously is as equally secure?...
