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SLP71 Stephan Livera - Intro to Bitcoin Austrian thought

Stephan Livera Podcast

CHAPTER

The Secret to Bitcoin Success Is Social Scalability

The secret to Bitcoin success is that its prolific resource consumption and poor computational scalability is buying something even more valuable, social scalability. Nick Zaboe says people should be skeptical about so-called blockchain technology has applied to things other than money. Han Sermon Hopper's essay The Yield From Money Held Reconsidered looks at the question of why we hold a cash balance.

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