Read_493 - Asset DNA, Explaining Bitcoin's Speculative Attack [Croesus]

February 10, 2021 00:47:25
Read_493 - Asset DNA, Explaining Bitcoin's Speculative Attack [Croesus]
Bitcoin Audible
Read_493 - Asset DNA, Explaining Bitcoin's Speculative Attack [Croesus]

Feb 10 2021 | 00:47:25

/

Hosted By

Guy Swann

Show Notes

"if the representation of reality in this article is correct, the highest and best use of a dollar of debt may simply be to buy bitcoin. Many more individuals and entities will leverage this asymmetry for personal gain into the future." - Croesus

With increased attention on the Bitcoin price and the speculative attack by Michael Saylor himself having paid off so extraordinarily well, its time to revisit the concept with an article by Croesus_BTC at Bitcoin Magazine. Its not merely something that might occur, or just a fun thought experiment, its in the very DNA of these assets. Borrowing dollars in a manipulated, low interest environment, may find its most productive and valuable use in simply buying Bitcoin.

Check out the great visuals and the many other excellent articles at Bitcoin Magazine below:
https://bitcoinmagazine.com/articles/asset-dna-explaining-bitcoins-speculative-attack-on-the-dollar

Buy Bitcoin using SwanBitcoin.com/guy to start your own automatic savings plan, get your first $10 free after setting it up, AND support the podcast!

Don't forget our lovely sponsors & their phenomenal products:
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

January 17, 2023 00:29:43
Episode Cover

Read_692 - A Quick & Dirty Explanation [DerGigi]

"Bitcoin is paradoxical. It is simple yet complicated, ever-changing yet unchangeable. A novel machine without any novel parts; a technological innovation that isn't really...

Listen

Episode

August 12, 2022 01:12:53
Episode Cover

Read_642 - Losing Your Keys Without Losing Your Coins [Block]

"These two jobs are almost always in tension. Any added protection to keep a bad actor out adds a risk that it may also...

Listen

Episode

August 19, 2020 00:32:44
Episode Cover

Read_430 - Accepting Scarcity, A Bitcoin Meditation [Reed Wommack]

“ignorance or delusion is one of the three causes of our suffering (the other two are attach­ment and aversion). So when we are deluded...

Listen