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

March 23, 2021 00:19:30
Episode Cover

Read_507 - Trust, That we Need More of [Karo Zarogus]

“We can already observe some faint light at the end of the tunnel. Savings have been reintroduced into the hands of society. You can...

Listen

Episode

November 03, 2020 00:31:37
Episode Cover

Read_456 - Bitcoin at 12 [Nic Carter]

"I believe Bitcoiners have this in common. They recognize that they have undertaken a near-hopeless task. Creating a global, neutral, apolitical settlement medium and...

Listen

Episode

June 22, 2023 01:14:59
Episode Cover

Read_743 - How to Position for the Bitcoin Boom, Part 1 [Adamant Research]

"bitcoin is a protocol stack which we can expect to be expanding for many decades, and its foundation is that lean, simple database defended...

Listen