Read_411 - 21 Million is Non-Negotiable [Phil Geiger]

Published: July 1, 2020, 8:36 p.m.

"Distorting supply only serves to distort a currency\u2019s ability to perform its job of storing and communicating value; it can\u2019t make a currency more valuable or secure." - Phil Geiger\n\nDigging back into the Unchained Capital Blog we find a fascinating framing of the problem of Bitcoin's security at the end of the block subsidy era, where costs will be paid directly by those making transactions. Will the network be secure, or will we need more inflation, breaking the ultimate value of the system itself, in order to subsidize the hashes protecting the timechain? \xa0Find out in today's article, "21 Million is Non-Negotiable" by Phil Geiger.\n\nThe full article is found below, plus the incredible list of other work at the Unchained Blog:\nhttps://unchained-capital.com/blog/21-million-is-non-negotiable/\n\nGet your slice of the 21 million today while you can still easily buy millions of sats for very little! The best way is to auto-purchase at a regular interval so you are always saving your money in the scarcest good in the world. For $10 free to start off, go to SwanBitcoin.com/guy!\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message