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

September 27, 2022 00:39:33
Episode Cover

Read_657 - Price Deflation & The Horrors of Falling TV Prices [Kyle Ward]

"Given two competing views of the world, the state will always promote the one that increases its power to extract wealth from its citizens....

Listen

Episode

July 23, 2020 01:13:27
Episode Cover

Guy's Take on the Bill Bert Podcast with Anthony Pompliano [#29]

Today's Guy's Take is a response to the Bill Bert podcast with Anthony Pompliano! What did Pomp miss? What did he get wrong? Lets...

Listen

Episode

March 04, 2024 00:57:07
Episode Cover

Read_805 - Dear Crypto & Fiat Bros

"Whether you're a rekt crypto bro or a friend of fiat, there is one thing that is especially difficult to accept. The one thing...

Listen