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

May 04, 2024 01:42:31
Episode Cover

Read_819 - Bitcoin Drain in the USA

"I think Americans are used to seeing people arrested for bullshit technicalities and thrown in jail for long periods of time. But in the...

Listen

Episode

April 06, 2021 01:08:51
Episode Cover

Guy's Take #44 - Bitcoin is Not What you Think it is

• Money is not what you think it is • Great societies are a result of great money • Money is more foundational than...

Listen

Episode

October 15, 2021 00:30:05
Episode Cover

Read_570 - Unpacking the Great Hashrate Migration [Nic Carter]

"The precise magnitude and schedule for the westward move is currently unknown, but all signals seem to be indicating the greatest shakeup in the...

Listen