Read_427 - The Lightning Paradox [Alex B]

August 11, 2020 00:48:42
Read_427 - The Lightning Paradox [Alex B]
Bitcoin Audible
Read_427 - The Lightning Paradox [Alex B]

Aug 11 2020 | 00:48:42

/

Hosted By

Guy Swann

Show Notes

"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

Don't let your grandchildren hate you! Stack sats for the long term with a reliable, auto buy savings plan, and get $10 FREE to start at SwanBitcoin.com/guy

The other thing to immunize yourself against your future grandchildrens' menacing hatred is to tell everyone you know about Bitcoin Audible, and send them on their journey down the rabbit hole!

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

Other Episodes

Episode

December 18, 2018 00:35:17
Episode Cover

CryptoQuikRead_200 - Why Bitcoin's Lightning Network is Ingenious [Todd Kronenberg]

“by having the double accounting system rely on and be backed up by the triple accounting system you get the throughput of the double...

Listen

Episode

May 26, 2021 01:21:27
Episode Cover

Read_529 - PART 2: The Inflation/Deflation Debate [Lyn Alden]

"deflation is the natural order of a productive economy. If we were using a hard money standard like gold, for example, we would expect...

Listen

Episode

October 15, 2020 00:38:15
Episode Cover

Guy's Take #34 - TAPROOT IS MERGED!!

A major step toward the next era of Bitcoin was made today. The code is final, and it is now in the Bitcoin codebase...

Listen