Issue #417: We have become detached from reality
The ECB research is purely a simulation.
The ECB research is purely a simulation.
Local Bitcoins volume indexed for individual countries.
Matt Odell & Jack Dorsey discuss The Lightning Network
The ECB research is purely a simulation.
Local Bitcoins volume indexed for individual countries.
Matt Odell & Jack Dorsey discuss The Lightning Network
Thomas Sowells framework for constrained vs unconstrained
The Modern Monetary Theory is always moving the goalpost.
With the existence of satellites that allow people to send anonymous messages around the world instantly for fractions of a penny, anyone anywhere who is so motivated can get their word out to humanity.
It is important to keep this in mind as we continue to build out Bitcoin. Having a protocol driven by economic incentives and cryptography is much different than a protocol driven by the utility of being able to process and present data at incredible speeds.