The Pie: An Economics Podcast cover image

Crypto’s Fatal Flaw: Trust, Scale, and the Economics of Blockchain

The Pie: An Economics Podcast

CHAPTER

Intro

This chapter delves into the role of trust in cryptocurrency systems like Bitcoin and Ethereum, highlighting vulnerabilities like the majority attack in decentralized consensus mechanisms. It also discusses the economic theories behind digital currencies, suggesting a potential asset bubble and raising concerns about their future viability as investments.

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