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 | Jun 21, 2021 | Economics, Money
“A deflationary monetary system of absolute hard money acts as a mirror for value creation. It is a compass to guide us toward a better economic path.” – Aaron Segal From Bitcoin Magazine, we hit a fantastic piece on the nature of money as a tool for...
by Guy | Jun 16, 2021 | Technology
“A network effect is an attribute of a company or other system such that as more people use the network, the network becomes exponentially more valuable for each user. It’s one of the strongest economic moats that a system can have against competitors.”...
by Guy | Jun 15, 2021 | Energy, Philosophy
“All this to say, there is no optimistic version of the future in which humanity does not use significantly more energy than it does today.” – Hodl’n Caulfield & Selene Lindstrom What is the connection between Bitcoin, human prosperity, and the...
