by Guy | Nov 2, 2022 | Bitcoin, Culture, Fundamentals, Liberty
“to survive and prosper in this world, man can either make the things he needs and wants, or he can take them. This was true thousands of years ago and it is true today. To use a modern linguistic framing of this notion; man can either perform work to satisfy...
by Guy | Nov 2, 2022 | Fundamentals, Game theory, Guy's Take
Today we explore a highly earned Guy’s Take for Dergigi’s “Bitcoin is Digital Scarcity” as well as using a core part of his framing to make sense of a few fundamental ideas behind Bitcoin. Recently as well I continue to run into the question,...
by Guy | Jul 18, 2022 | Bitcoin, Fundamentals, History, Money
“To put it into perspective, this international monetary system based around centrally-managed fiat currency is only 16 years older than me. My father was 36 when the US went off the gold standard. When I grew up, after a period of financial hardship, I began...
by Guy | Jul 17, 2022 | Bitcoin, Fundamentals, Money
“If a money (the most salable good) is easy to create more of, then any rational economic actor would just go out and create more money for herself, diluting the whole supply of it. If an asset has a monetary premium on top of its pure utility value, then it’s...
by Guy | Jul 12, 2022 | Bitcoin, Fundamentals, Money
“Imposing limitations on monetary goods has always required tremendous amounts of time and energy, and trust. And yet, with all our efforts, we still have been unable to fix the supply of any of the modern monetary assets of the world. Someone, somewhere, has...
by Guy | Jul 12, 2022 | Bitcoin, Development, Fundamentals, Guy's Take
What if, sitting in the middle of a chaotic monetary environment, increasing capital controls, balkanizing political regimes, a failing petrodollar hegemony, collapsing institutional trust, increased sanctions & weaponized infrastructure, & aggressive,...