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

April 26, 2023 01:52:53
Episode Cover

Read_724 - The Virtue of Selfishness - The Objectivist Ethic [Ayn Rand]

"The title of this book may evoke the kind of question that i hear once in a while: "Why do you use the word...

Listen

Episode

April 22, 2025 01:12:50
Episode Cover

Read_878 - Forest Walker: Bitcoin mining and Forest Management

New technologies demand a better imagination. Old models will break, and new, unexpected, and wild ideas will replace them. In this episode, I dive...

Listen

Episode

December 13, 2022 00:59:49
Episode Cover

Read_683 - How the IMF and World Bank Repress Poor Countries, Part 1 [Alex Gladstein]

"A 2014 analysis showed that the IMF had attached, on average, 20 conditions to each loan it gave out in the previous two years,...

Listen