
Read_560 – The Schumpeterian Bitcoin Cycle [Prateek Goorha]
“Schumpeter would have loved Bitcoin. He would have seen in Bitcoin a living representation of his theory of capitalism, so often quoted but rarely understood.

“Schumpeter would have loved Bitcoin. He would have seen in Bitcoin a living representation of his theory of capitalism, so often quoted but rarely understood.

“we often hear the U.S. dollar called an “exorbitant privilege.” Namely, that the U.S. benefits disproportionately from the dollar’s reserve currency status. This article will

“For those with the curiosity to look, Bitcoin has emerged as a vast and mysterious space to explore, with treasures, dangers and untold potential. And

“the fact that bitcoin is now legal tender in a country is absolutely astonishing. Yesterday, some nerds discovered a system that allows magic internet money

“There has never been a more secure, scarce, valuable, transportable, decentralized and networked asset in all of humanity’s history. It’s more mobile than gold. It

Proof of stake, versus proof of work. Isn’t POW super wasteful, while POS is the cost free alternative that obviously is as equally secure? Are

“Long before we had the Bitcoin energy debate, we had the gold resource cost debate. The contours were similar: the costs associated with gold refining

“Farzan and her family traveled by foot, car and train thousands of miles through Iran and Turkey, finally making it to Germany in 2017. Along

Dave Smith has finally done a Bitcoin episode! For those of you who missed this, I am making it available on my own feed and

“Bitcoin fails as a money b/c of its naive monetary policy. Many people think government printing too much is evil, so a fixed money supply

“This technology goes around blockades and government restrictions, it allows you to move value without trusting anyone, it connects you to the world, and it

“By all extant metrics in security system review, this system should have failed instantaneously, at every possible layer.
And, to be fair, it
Bitcoin Audible brings the signal through the noise. Deep dives, bold takes, and the future of money—one episode at a time.