Read_921 - Arkade, Crypto, and Only The Strong Surviving

Read_921 - Arkade, Crypto, and Only The Strong Surviving

"The broad point is that only the strong survive was correct. We are entering the endgame of crypto having any reason to exist. My thesis as to why it exists at all is a combination of a novel vector for gambling and an affinity scam. Bitcoin is extremely
42 Minuten
Podcast
Podcaster
The Best in Bitcoin made Audible. Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, & techno...

Beschreibung

vor 2 Wochen

"The broad point is that only the strong survive was
correct. We are entering the endgame of crypto having any reason
to exist.


My thesis as to why it exists at all is a combination of
a novel vector for gambling and an affinity scam.


Bitcoin is extremely difficult to even begin to
understand, and even though what it fundamentally 'fixes' is
money printing, its novelty ironically lends itself to confusing
the uninitiated and impatient with meaningless appeals to
'blockchain technology' that manifest as attempts to print
money."


~ Allen Farrington


In this episode I read Allen Farrington’s follow‑up to “Only the
Strong Survive” and then ask a blunt question: if Bitcoin can now
do everything crypto promised, does the rest of the casino have
any reason to exist? Is ARKADE, Lightning, and e‑cash the real
endgame for programmability and global banking on Bitcoin?


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