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

March 30, 2023 • 01:24:07
Episode Cover

Basics_05 - The Node

Bitcoin is ultimately just a piece of software, the network – the global, censorship resistant, immutable system – is ultimately just a collection of...

Listen

Episode

June 09, 2023 • 01:21:31
Episode Cover

Guy's Take #67 - Withdraw Everything

With the banking crisis just getting started, with the SEC going after Binance and Coinbase, with rumors of Prime Trust declaring bankruptcy, it is...

Listen

Episode

September 18, 2019 • 00:43:18
Episode Cover

CryptoQuikRead_296 - The Long Now [Ben Hunt - Epsilon Theory]

The only thing as scarce as Bitcoin, is Time.  Do you value it accordingly?   For today's read we are diving into our first piece...

Listen