Weekly Roundup 09/09/22 (Stablecoin wars, White House energy report, Gensler attacks) (EP.347)
On The Brink with Castle Island
Alternative Block Space - No More Fee Crisis on a Theorim
Alternative block space is that you won't have another fee crisis on a theoriem. A lot of prove stake enthusiasts will maintain that miners sell their bic coin all the time. I think 'd be better if they did, but they don't. They actually hoard the bitcoin. This is very observable. It's very easy to tell just by looking at their disclosures. If eath yields are very attractive, you will get a carry trade where you borrow eath, you stake, and then you have to sell some of it for dollars in order to pay your interest. So there is a cost to staking. That's also what stake people are not acknowledging. There's a
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