Sublime
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Blockchain and decentralized applications
sari and • 281 cards
Trading
Harold T. Harper • 4 cards
“What would it seem like if it did seem like a global, digital, sound, open, programmable money was monetizing from absolute zero?”
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
Stablecoins
Anthony Fiedler • 1 card
Amazingly, the inflation rate in Zimbabwe kept rising. In January of 2008, the government had to issue a 10-million-dollar bank note (worth about 4 U.S. dollars), and a year later they announced a 20-trillion-dollar note that bought about what 10 million dollars had a year earlier. In early 2009, the inflation rate leaped to billions of percent per
... See moreAlex Taborrok • Modern Principles of Economics
Bitcoin is a black hole sucking unsustainably artificial value beyond its event horizon. As it grows, so does its pull. Bitcoin is gravity.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
That means 90% of the supply is already in circulation, and here will only be 10.5% more bitcoin 100 years from now, so you shouldn’t expect any serious inflationary pressure bringing down the value of the coin.
Tokenomics 101: The Basics of Evaluating Cryptocurrencies - DeFriday #19
Merchants who accept Bitcoin are actually advised to wait for six more blocks to be mined after the transaction goes through to minimize the risk of fraud.