“We shouldn’t make full nodes harder to run, EVER” –@giacomozucco
Listen to the tweet storm laying out exactly why a responsible #Bitcoin maximalist should hold this view in today’s #CryptoQuikRead!
See the original Tweet storm and Follow Giacomo Zucco below:
https://twitter.com/giacomozucco/status/1009281116837175296
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Hi Guy,
i liked this podcast quite a bit, but i would have called ‘debasement’ or how to make bad money drive out good. if tokens end up being used as money, this is definitely the risk. the phenomenon has been taught in economics classes since we discovered that our Earth is not at the center: https://en.wikipedia.org/wiki/Monetae_cudendae_ratio .
in any event, enjoying the enthusiasm in comments to your podcasts,
greg
Yeah, Gresham’s Law and how it applies will be fascinating to see as we watch the monetization of Bitcoin. I had never realized this concept was discussed as early as Copernicus though. If there are modern summaries/translations of his work it might make for a fun read. Thanks for the link.
Glad you are enjoying the podcast. I’m working hard to expand it and make more stuff available to everyone. Thanks for checking out the site too. 🙂