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The Importance of Inflation
The sheer size of the bank bail outside of happened just this year in 2023 exceed the amount of the 2008 crisis. I think that if you talk to a hundred people on the street, they won't even know any of it really has even happened. The system's very, very stable as they bailed out. What was the one that they just recently bailed out? First bank, I think it was.
In part two of Preston Pysh's discussion with Tuur Demeester, they go deep into Tuur's latest report on why right now in particular is a great time to be a Bitcoin bull. Tuur talks about numerous on-chain metrics, and circumstances happening in the macro backdrop that only contribute to the bullish narrative.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:59 - What do inscriptions actually mean for L1 and L2 bitcoin networks?
08:19 - Why do so many people have the urge to update the code base?
11:17 - Why are inscriptions potentially good for L2?
14:25 - Apps that are seamlessly working between L1 and L2.
15:36 - What will future fees look like on both layers in 10 years or more?
28:34 - Some of Tuur's previous writing and what he's focusing on now.
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