“What doesn’t kill the legacy monetary system only makes it weaker. What doesn’t kill bitcoin only makes it stronger. “ – Parker Lewis If you were hoping for another installment of the incredible Gradually, then Suddenly Series by Parker Lewis, then the wait is over. From the Unchained Capital Blog, today’s read is the 15th installment,…
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The team over at Kraken just dropped a fascinating report on “The Great Wealth Transfer” and what it means for Bitcoin. How, even holding all other things constant, we could see on the order of $1 Trillion move into the Bitcoin ecosystem. We bring Pete Rizzo on the show to talk all about it.
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“A distant digital descendent of zero, the invention of Bitcoin represents the discovery of absolute scarcity for money: an idea as equally unstoppable.” – Robert Breedlove
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“Satoshi Nakamoto created Bitcoin as a tool for privacy. The entire cypherpunk quest, which Satoshi was an active part of and which the Bitcoin experiment is the coronation of, was all about personal and financial privacy.” – Giacomo Zucco
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“Beware of what I call Pascal’s scams: movements or belief systems that ask you to hope for or worry about very improbable outcomes that could have very large positive or negative consequences.” – Nick Szabo
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“Although I mostly agree with their reasoning and share the enthusiasm for such a free market, I cannot stop being astonished by the naivety of the idea.” – Sven Schneiders
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“Despite unprecedented fiscal and monetary intervention after the financial crisis, results have been disappointing. The American people do not need accounting tricks or more debt, but true innovation. Thankfully, Bitcoin provides a way forward.” – Conner Brown
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“It is the digital equivalent of your physical bank sending private investigators to follow your every move for days after you withdraw cash at the ATM, and then freezing or confiscating your bank account entirely if that PI comes back with a report that says that “you may have,” with some probability, engaged in controversial actions with that cash.” – Giacomo Zucco
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