Guy

Read_474 – The Fraying of the Petrodollar System – Part 2 [Lyn Alden]

“As a decentralized and open source project, adopted by many programmers and proponents around the world, many intelligent people have dedicated their careers to Bitcoin. It’s hard to find a more voracious group of people than those in the Bitcoin community, and increasingly over time, Wall Street money has poured in as well.” – Lyn…

Read More

The Fraying of the Petrodollar System – Part 1

“Taking my view a step further, evidence shows that the global monetary system as currently structured is gradually re-aligning itself, and this fact will have important ramifications for investments over the long run.” – Lyn Alden

Read More

Read_473 – The Fraying of the Petrodollar System – Part 1 [Lyn Alden]

“Taking my view a step further, evidence shows that the global monetary system as currently structured is gradually re-aligning itself, and this fact will have important ramifications for investments over the long run.” – Lyn Alden We start today into another amazing piece from Lyn Alden that digs into the history, the cycles, the problems,…

Read More

Guy’s Take #38 – An Unstoppable Force

“It’s not that a government has the ability to ban Bitcoin from their country, I think it’s closer to the opposite: A country only has the ability to ban itself from Bitcoin.” – Guy Swann

Read More

Guy’s Take #38 – An Unstoppable Force

“It’s not that a government has the ability to ban Bitcoin from their country, I think it’s closer to the opposite: A country only has the ability to ban itself from Bitcoin.” – Guy Swann Today we’ve got my speech from BitBlockBoom to close out the week. One I’ve been meaning to share for some…

Read More

The Fiat Standard – Chapter 1

“For the reader who has become familiar with the operation of bitcoin, a good way to understand the operation of fiat is by drawing analogy to the operation of bitcoin using concepts like mining, nodes, balances, and proof of work. My aim is to explain the operation and engineering structure of the fiat monetary system and how it operates, in reality, away from the naive romanticism of governments and banks who have benefited from this system for a century.” – Saifedean Ammous

Read More

Read_472 – The Fiat Standard – Chapter 1 [Saifedean Ammous]

“For the reader who has become familiar with the operation of bitcoin, a good way to understand the operation of fiat is by drawing analogy to the operation of bitcoin using concepts like mining, nodes, balances, and proof of work. My aim is to explain the operation and engineering structure of the fiat monetary system…

Read More

The Speculative Attack

“My own prediction is that slow bleed has been accelerating and is only the first step. The second step will be speculative attacks that use bitcoins as a platform. The third and final step will be hyper-bitcoinization.” – Pierre Rochard

Read More

Read_471 – The Speculative Attack [Pierre Rochard]

“My own prediction is that slow bleed has been accelerating and is only the first step. The second step will be speculative attacks that use bitcoins as a platform. The third and final step will be hyper-bitcoinization.” – Pierre Rochard We are entering a new phase of the Bitcoin game theory. What really happens when…

Read More

Why Does Bitcoin Have Value?

“What Bitcoin is depends on its use as a means of storing and porting value, which in turn rests on secure titles to ownership of a scarce good.” – Jeffrey Tucker

Read More