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 23, 2019 00:30:06
Episode Cover

CryptoQuikRead_204 - Winner Takes All, or Winner Takes Most? [Misir Mahmudov & Yassine Elmandjra]

"Today, there exists over 180 currencies across 195 countries. The reason for such an anomaly is simple: there is no free market for currencies....

Listen

Episode

December 08, 2023 01:15:05
Episode Cover

Read_782 - The Ethics of Emergencies

The principle that one should help men in an emergency cannot be extended to regard all human suffering as an emergency and to turn...

Listen

Episode

November 26, 2018 00:54:10
Episode Cover

CryptoQuikRead_190 - The Cryptocurrency Phenomenon [Part 5]

Today we explore how the Bitcoin incentives bring together disparate groups of developers, technical operators, and users to maintain and expand the Bitcoin system...

Listen