Reboot - The Three Economic Eras of Bitcoin [Rusty Russell]

December 31, 2019 00:33:10
Reboot - The Three Economic Eras of Bitcoin [Rusty Russell]
Bitcoin Audible
Reboot - The Three Economic Eras of Bitcoin [Rusty Russell]

Dec 31 2019 | 00:33:10

/

Hosted By

Guy Swann

Show Notes

A most profound aspect of Bitcoin is that we know, with certainty, what the monetary policy will be no matter how far we look into the future. If we choose to secure sound money for the world, then we have to establish the important markets, build the tools and protocols, and most importantly make the tough decisions *now, * instead of kicking the can down the road. Following the first era, this required a change with how we used this incredible resource.  And just like last time, we will have to change again. The Third Era will come with yet another Bitcoin civil war. Are we preparing for that future, or are we complacent in the present?

A new recording with some fresh commentary, we read a great piece that I totally forgot I had already covered on the show, but that deserves a second round anyway, Rusty Russell's "The Three Economic Eras of Bitcoin"
https://medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a
https://twitter.com/rusty_twit

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

Other Episodes

Episode

May 28, 2024 00:35:10
Episode Cover

Reboot - Invalid Blocks Need Not Apply

Ideas and ways of thinking are much like paths in the wood. When we explore them often they are well worn and clearly defined....

Listen

Episode

January 15, 2025 02:16:12
Episode Cover

Chat_124 - The Next Web with John Carvalho

"Our philosophy with building Pubky was, all right, we're not going to say never on a server. We're going to say, use a server...

Listen

Episode

August 16, 2018 00:37:06
Episode Cover

CryptoQuikRead_132 - The Bitcoin Second Layer

“This makes Lightning Network an absolute game changer for the entire concept of capital markets: income without explicit counterparty default risk.” @timevalueofbtc Don't miss...

Listen