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

June 04, 2018 00:37:20
Episode Cover

CryptoQuikRead_084 - Analysis of Batching in Bitcoin

Has transaction count become an unreliable measure of Bitcoin’s usage because of batching?  Find out the answer to this and more thanks to the...

Listen

Episode

May 14, 2026 02:14:24
Episode Cover

Chat_167 - Why Your Keys Matter with Seed

"If you think of River or Gemini or Coinbase or whatever, think of all of those as silos and how people custody Bitcoin. If...

Listen

Episode

August 30, 2021 01:10:45
Episode Cover

Chat #62 - Dave Smith & Part of the Solution

Dave Smith has finally done a Bitcoin episode! For those of you who missed this, I am making it available on my own feed...

Listen