The Problem With the Core Developers Modifying Crypto Assets

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The core developers would not modify anything in terms of the mathematical metering to get to 21 million units. The problem with that is what if the demand for it is much more than 21 million units as the economy evolves? There's no adjustment mechanism to meet increased demand, right? So one is that when you want to actually swap up access demand, what you're seeing is you're see people accumulate assets into wallets and those wallets are not moving. They're actually very, very, very stable in the lower end of the price range. And you're actually seeing that in terms of number of wallets that are holding, you have have been used in over a year. You can see it in

When ARK CEO and CIO Cathie Wood was discussing Bitcoin and Digital Assets in general with her mentor and famed economist Dr. Arthur Laffer, he told her that it reminded him of an era before the Federal Reserve existed. This idea spurred Cathie to invite Dr. Laffer on the FYI podcast to further discuss the history of money in general and what Bitcoin’s role in the history of money might be. Alongside Cathie and Art, we are also pleased to welcome Ophelia Snyder, the Co-Founder and President of 21.co, a Cryptocurrency Exchange Traded Product (ETP) provider. In the discussion, Cathie, Art and Ophelia discuss the original idea of centralized money, the economic booms and busts of the past, the transparency of digital assets and much more.

“And the more decentralized and transparent the ecosystem is, the better. The more secure.” @OpheliaBSnyder Key Points From This Episode: