Read_411 - 21 Million is Non-Negotiable [Phil Geiger]

July 01, 2020 00:58:50
Read_411 - 21 Million is Non-Negotiable [Phil Geiger]
Bitcoin Audible
Read_411 - 21 Million is Non-Negotiable [Phil Geiger]

Jul 01 2020 | 00:58:50

/

Hosted By

Guy Swann

Show Notes

"Distorting supply only serves to distort a currency’s ability to perform its job of storing and communicating value; it can’t make a currency more valuable or secure." - Phil Geiger

Digging back into the Unchained Capital Blog we find a fascinating framing of the problem of Bitcoin's security at the end of the block subsidy era, where costs will be paid directly by those making transactions. Will the network be secure, or will we need more inflation, breaking the ultimate value of the system itself, in order to subsidize the hashes protecting the timechain?  Find out in today's article, "21 Million is Non-Negotiable" by Phil Geiger.

The full article is found below, plus the incredible list of other work at the Unchained Blog:
https://unchained-capital.com/blog/21-million-is-non-negotiable/

Get your slice of the 21 million today while you can still easily buy millions of sats for very little! The best way is to auto-purchase at a regular interval so you are always saving your money in the scarcest good in the world. For $10 free to start off, go to SwanBitcoin.com/guy!

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

January 15, 2024 01:32:06
Episode Cover

Chat_089 - Lightning's Next Era with Sam Wouters

There are a lot of speculation, claims, predictions, and accusations around the successes and faults of the Lightning Network. But where do this things...

Listen

Episode

April 09, 2025 00:58:22
Episode Cover

Reboot - Read_258 - 21 Lessons of the Bitcoin Rabbit Hole - Chapter 3 (Technology)

Have you ever felt lost in the rabbit hole of Bitcoin? In this episode, I revisit Gigi's "21 Lessons of the Bitcoin Rabbit Hole,"...

Listen

Episode

October 30, 2018 00:27:50
Episode Cover

CryptoQuikRead_176 - Shelling Out - The Origins of Money [Part 1 - Nick Szabo]

Today we begin our journey through Nick Szabo's incredible work, Shelling Out: The Origins of Money.  A critical piece to understanding money, its rich...

Listen