Read_485 - Why Bitcoin Is Not a Ponzi Scheme [Lyn Alden]

January 14, 2021 01:05:10
Read_485 - Why Bitcoin Is Not a Ponzi Scheme [Lyn Alden]
Bitcoin Audible
Read_485 - Why Bitcoin Is Not a Ponzi Scheme [Lyn Alden]

Jan 14 2021 | 01:05:10

/

Hosted By

Guy Swann

Show Notes

“From the begin­ning, Bitcoin has remained an open source and fully trans­parent project, and has the most organic growth trajec­tory of the industry. Given avail­able infor­ma­tion, the market has priced it as it sees fit, out in the open.” - Lyn Alden

Bitcoin is a Ponzi, say the detractors. Their arguments never seem anymore sophisticated, and sound increasingly desperate as Bitcoin continues to defy their view. Is there any truth to this? Well Lyn Alden decides to break it down for us, using a range from the most narrow, to the most broad view of a Ponzi, and lays out Bitcoin’s history, network effects, & open nature against it, to make the rather obvious case in hindsight, that Bitcoin, is indeed, Not a Ponzi scheme.

Check out the original for a few great graphics and charts to better visualize the argument, and to support/follow the work both of LynAlden, and the excellent Swan Bitcoin blog:
https://www.swanbitcoin.com/why-bitcoin-is-not-a-ponzi-scheme-point-by-point/

Support the show at GuySwann.com and start auto-buying your Bitcoin stack using the best service in the space! Get $10 FREE for signing up with my link and support the podcast at the same time:
swanbitcoin.com/guy

Don’t forget to explore our awesome sponsors and their products at the links below:
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)

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

Other Episodes

Episode

March 04, 2023 01:02:13
Episode Cover

Read_706 - The Depression You've Never Heard of, 1920-21 [Robert P Murphy]

"This context highlights the importance of the 1920–1921 depression. Here the government and Fed did the exact opposite of what the experts now recommend....

Listen

Episode

November 19, 2025 00:52:18
Episode Cover

Read_915 - Thank You For Being Annoying

I dive into Adam Mastroianni’s piece “Thank You for Being Annoying” and use it as a launchpad to rant about work, love, and why...

Listen

Episode

February 24, 2026 00:46:14
Episode Cover

Read_933 - The Secret to Vibe Coding

"The people who figure that out first won't just ship faster - they'll build things that others can't even spec, because the spec emerges...

Listen