Sign up to save your podcasts
Or
Share Read_405 - Bitcoin May Not Survive a Bitcoin Standard [Hasu]
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Read_405 - Bitcoin May Not Survive a Bitcoin Standard [Hasu]
"While Bitcoin can control the number of users inside the network, it has no control over the number of users accessing the network through custodial banks. The growth of this banking layer is outside of the protocol’s control and could grow into a systemic risk for Bitcoin." - Hasu
A very interesting thought experiment from returning author Hasu, on the potential risks of a Bitcoin future without a trustless means of transacting. If most Bitcoin traded is a custodial IOU, could Bitcoin fall victim to the same fate as Gold? Find out more in today's read!
Check out the original and other great insights at Deribit.com:
https://insights.deribit.com/market-research/why-bitcoin-might-not-survive-a-bitcoin-standard/
Don't forget to setup your auto-buy Bitcoin Savings Plan at the lowest cost, and simplest service of Swan Bitcoin! SwanBitcoin.com/guy will get you some free sats for signing up, and also help support the longevity of Bitcoin Audible!
Don't forget offer code CC for 30% off tickets to BitBlockBoom! Come to the true Bitcoin Maximalist conference and lets hang out and talk about Bitcoin
---
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
View all episodes
By Guy Swann
3.5
22 ratings
"While Bitcoin can control the number of users inside the network, it has no control over the number of users accessing the network through custodial banks. The growth of this banking layer is outside of the protocol’s control and could grow into a systemic risk for Bitcoin." - Hasu
A very interesting thought experiment from returning author Hasu, on the potential risks of a Bitcoin future without a trustless means of transacting. If most Bitcoin traded is a custodial IOU, could Bitcoin fall victim to the same fate as Gold? Find out more in today's read!
Check out the original and other great insights at Deribit.com:
https://insights.deribit.com/market-research/why-bitcoin-might-not-survive-a-bitcoin-standard/
Don't forget to setup your auto-buy Bitcoin Savings Plan at the lowest cost, and simplest service of Swan Bitcoin! SwanBitcoin.com/guy will get you some free sats for signing up, and also help support the longevity of Bitcoin Audible!
Don't forget offer code CC for 30% off tickets to BitBlockBoom! Come to the true Bitcoin Maximalist conference and lets hang out and talk about Bitcoin
---
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
More shows like Bitcoin Audible
View all
We Study Billionaires - The Investor’s Podcast Network
3,347 Listeners
TFTC: A Bitcoin Podcast
771 Listeners
The Bitcoin Standard Podcast
427 Listeners
Stephan Livera Podcast
405 Listeners
The Pomp Podcast
1,833 Listeners
Bitcoin Magazine Podcast
146 Listeners
What Bitcoin Did
277 Listeners
Swan Signal Live - A Bitcoin Show
184 Listeners
The Bitcoin Matrix
80 Listeners
Coin Stories with Natalie Brunell
446 Listeners
Rabbit Hole Recap
122 Listeners
The Jack Mallers Show
124 Listeners
Bitcoin for Millennials
22 Listeners
Simply Bitcoin
101 Listeners
THE Bitcoin Podcast
44 Listeners