Today we read an excellent piece from bitrawr.com by William Clemente on the various feedback loops that could lead not only to the qualitative loss of trust in the fiat system, but a quantitative pull to earn a near risk-free position in the Bitcoin collateralized lending markets. Edited in part by Preston Pysh who has discussed this idea in greater depth, what happens when multiple feedback loops within the Bitcoin markets converge to make it an increasingly liquid, low risk, high yield asset? It creates a Bitcoin Black Hole.

The Bitcoin Black Hole Effect:

https://www.bitrawr.com/the-bitcoin-blackhole-effect

For other great articles and episode mentioned in this show, check out the links below:

https://bitcoinaudible.com/?p=5678

https://bitcoinaudible.com/?p=5714

https://bitcoinaudible.com/?p=5554

https://www.macrovoices.com/946-macrovoices-259-louis-vincent-gave-as-inflationista-as-they-come

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