"The Jevons paradox is a staple of environmental economics used to describe how the introduction of more efficient technologies tends to increase the consumption of resources rather than decrease it." - Alex B.
Will Lightning steal fees from Bitcoin miners and threaten the security of Bitcoin into the future? Or will is be the aggregation layer that enables so many additional and higher value use cases for Bitcoin block space, that it may be the very thing necessary to enable the fee growth needed to sustain Bitcoin indefinitely? An excellent piece read today from Alex B...
The Lightning Paradox:
https://medium.com/@bergealex4/the-lightning-paradox-f15ce0e8e374
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"The Bitcoin network itself and the personal owning of bitcoin is an act of peaceful rebellion against the fiat money system." - Dr. Wolf...
Today we reach the conclusion of Hoppe's incredible piece on the nature of fractional reserve banking and the contradictions of fiat money. With the...
What if everything you think you own in the financial system—your stocks, your retirement, your savings—could be taken away in an instant, not because...