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

January 26, 2021 01:53:53
Episode Cover

Chat #56 - DLCs, PTLCs, the Oracle Problem & More with SuredBits' Nadav

"Any solution to the oracle problem, makes Bitcoin able to do anything that any other protocol out there can do." - Nadav Kohen So...

Listen

Episode

March 01, 2018 00:13:51
Episode Cover

CryptoQuikRead_008 - Bitcoin Turning into a Multi Layered System

Ber Kessels discusses the value of Bitcoin becoming a secure and reliable transport layer for a new protocol stack for transferring value. The most...

Listen

Episode

September 04, 2019 01:32:52
Episode Cover

GuysTake_021 - Bitcoin & the 7th Great Disruption of the Digital Age

Bitcoin isn't just a token you can send and receive online, it isn't just a digital money, its a complete inversion of the idea...

Listen