Guy's Take #64 - No Way Back, Only a Way Out
There is no magic wand. There is no such thing as a free lunch. When we bail out an institution, a bank, or "depositors" for billions of dollars, someone else LOSES billions of dollars worth of wealth...
20 Mar 20231h 11min
Read_712 - Lightning Prisms [DerGigi]
"One aspect that is still massively under-utilized is the programmability of Bitcoin. While simple things like scheduled payments and automated payment splits do exist, we are undoubtedly still trappe...
17 Mar 202358min
Read_711 - The Future Geopolitical Order and Bitcoin, Part 2 [Matthew Pines]
"One immediate lesson many drew from this event was a reconsideration of the risk of fiat liabilities in an environment where trust is lacking (including the trust not to violate territorial integrity...
16 Mar 20231h 21min
Read_710 - The Future Geopolitical Order and Bitcoin, Part 1 [Matthew Pines]
"The 20th century was the first where technology enabled forms of violent state competition, as well as peaceful globalization, across the full scale of the Earth. Moreover, the same technology made p...
14 Mar 202353min
Read_709 - The Breez Open LSP Model
"Lightning is the way to make bitcoin the universal mainstream currency it was designed to be. This is how we’re going to bring open financial services to everyone. And we’re scaling Lightning by invi...
10 Mar 202346min
Read_708 - Implications of Open Monetary & Information Networks, Part 2 [Lyn Alden]
"Over the long run, I view the outcome, one way or the other, more as a matter of technology than politics. From the top-down side, there is the development of Big Data and automated data surveillance...
8 Mar 202343min
Read_707 - Implications of Open Monetary and Information Networks, Part 1 [Lyn Alden]
"For proponents of privacy and open networks to win becomes a matter of making the technology easy to use, too costly to stamp out, and well-understood by the public." – Lyn Alden Today Lyn Alden bri...
7 Mar 202341min
Read_706 - The Depression You've Never Heard of, 1920-21 [Robert P Murphy]
"This context highlights the importance of the 1920–1921 depression. Here the government and Fed did the exact opposite of what the experts now recommend. We have just about the closest thing to a con...
4 Mar 20231h 2min
