Today we read yet another great piece by @hasufl and @suzhu available on uncommoncore.co on the core value offered by Bitcoin as a system and the high level trends in macroeconomics and technology that could lead to enormous future demand for just such an asset.
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Another excellent piece from Su Zhu and Hasu at uncommoncore.co and a great introduction to the dynamics and risks at stake in the cashless society. Is the cashless society the frictionless future we want? Or is it frictionless mass surveillance and frictionless negative interest rates? Cash may serve a far more important role than merely a means of payment.
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Does Bitcoin compete with Paypal & VISA, or something far more fundamental to human enterprise? Continuing “The Skeptics Guide to Bitcoin” series with Part 3…
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“While sovereign money has undeniably led to a lot of abuse, as evidenced by instances of hyperinflation, seizures or capital controls, the absence of all control brings problems of its own.”
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Alone, and feel the charm of existence in of souls like mine. I am so happy, my dear friend.
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