Read_767 - Pay Me in Bitcoin Theory

September 25, 2023 00:58:17
Read_767 - Pay Me in Bitcoin Theory
Bitcoin Audible
Read_767 - Pay Me in Bitcoin Theory

Sep 25 2023 | 00:58:17

/

Hosted By

Guy Swann

Show Notes

"If the merchant wants the bitcoin and you pay in fiat_, that is you shifting the burden of fiat friction on to them. And paying your valued vendors in bitcoin is the opposite of mutually assured destruction–it's mutually assured survival." — Parker Lewis

Ultimately, the decision to accept Bitcoin as payment will be driven by the fact that those merchants understand the value of Bitcoin and why it is expected to store value into the future. What does that mean for how we think about finding our way to a Bitcoin future? Parker Lewis is back with another great piece, on the "Pay Me In Bitcoin Theory."


Check out the original article at: Pay Me in Bitcoin Theory

The playlist to the entire Gradually, Then Suddenly series in audio: Gradually, Then Suddenly Series - playlist by Guy | Spotify

Another great piece suggested in the commentary: Read\_724 - The Virtue of Selfishness - The Objectivist Ethic [Ayn Rand] - Bitcoin Audible | Podcast on Spotify.


Check out our awesome sponsors at the links below:


---------------------------------------------------------------------------------------------


"If you want to change the world, start with yourself." — Mahatma Ghandi

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

Other Episodes

Episode

May 09, 2022 00:13:38
Episode Cover

PSA - Price Be Crashin 2022!

Welcome to Bitcoin! For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that...

Listen

Episode

June 13, 2018 01:35:02
Episode Cover

CryptoQuikRead_090 - Sharding Centralizes Ethereum [StopAndDecrypt]

Today we read @StopAndDecrypt’s thorough breakdown of the Ethereum scaling and validation trade-off.  Is ETH an inherently centralizing system?  Find out in today’s Quik...

Listen

Episode

November 24, 2023 01:13:59
Episode Cover

Reboot - Bitcoin is Digital Scarcity

"The difference between the Linden Dollar, World of Warcraft Gold, Fortnite V-Bucks, the Euro, and the U.S. dollar is in scale, not in nature....

Listen