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

July 01, 2019 01:02:18
Episode Cover

CryptoChat_014 - Aleks Svetski on the Death of Blockchain

I got a chance to sit down with Aleks Svetski of the Amber App & blockchain bashing fame at the Bitcoin2019 conference. The Citizen...

Listen

Episode

December 09, 2020 00:44:26
Episode Cover

Read_471 - The Speculative Attack [Pierre Rochard]

"My own prediction is that slow bleed has been accelerating and is only the first step. The second step will be speculative attacks that...

Listen

Episode

July 27, 2018 00:42:02
Episode Cover

CryptoQuikRead_119 - Deep Dive into ETF Disapproval and SEC Commissioner's Dissent

The SEC has disapproved the Winklevoss twin's second attempt at a Bitcoin ETP for traditional markets.  Rife with contradictions & misunderstandings, a thorough rebuttal...

Listen