Read_417 - On Schelling Points, Network Effects, & Lindy [Willem Van Den Bergh]

July 10, 2020 01:21:25
Read_417 - On Schelling Points, Network Effects, & Lindy [Willem Van Den Bergh]
Bitcoin Audible
Read_417 - On Schelling Points, Network Effects, & Lindy [Willem Van Den Bergh]

Jul 10 2020 | 01:21:25

/

Hosted By

Guy Swann

Show Notes

"This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the technology." - Willem Van Den Bergh

Why do communication protocols tend towards monopoly? What is it in the nature of networks that lends dominance in a single medium, in the way VHS killed the very existence of BetaMax, how Blu-ray pushed HD-DVD into obscurity? What can Schelling Points, the Lindy Effects, and what we know about networks inform us about these unique systems, and do they demonstrate the limits of free markets?  Don't miss this incredible piece from Willem "On Schelling Points, Network Effects, & Lindy."
https://medium.com/@willemvandenbergh_85885/on-schelling-points-network-effects-and-lindy-inherent-properties-of-communication-c4eb69b55c60

A great listen to accompany this one is Nick Szabo's "Shelling Out":
https://anchor.fm/thecryptoconomy/episodes/Reboot---Shelling-Out-The-Origins-of-Money-Nick-Szabo-e9omme

Sleep comfortably tonight, stack sats automatically with the lowest hassle, lowest cost Bitcoin savings plan. SwanBitcoin.com/guy

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

February 08, 2019 01:16:36
Episode Cover

The Human Threat Model [JW Weatherman]

"The human threat model is intended to help humans better understand the threats to that they face and the tools available, and in active...

Listen

Episode

February 02, 2022 00:59:11
Episode Cover

Read_599 - Why Every Fixed Income Investor Should Consider Bitcoin - Part 3 & 4 [Greg Foss]

“And finally, given its asymmetric return distribution I believe It is more risky to have zero exposure to bitcoin than it is to have...

Listen

Episode

June 22, 2018 00:25:18
Episode Cover

CryptoQuikRead_097 - I HODL

Price got you down?  Don’t forget why we are here.  From @davidcbennett, we read ”I Hodl.” Link to the article on Steemit: https://steemit.com/bitcoin/@davidcbennett/i-hodl   Support...

Listen