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Tag Archives: Libra

Fireside with Nick Szabo on Scaling Bitcoin

“There’s going to be some situations where a central bank can’t trust a foreign central bank or government with their bonds for example. One solution that’s been developed is to have the Swiss government hold it for you – that’s not a trust minimised solution. The Swiss government itself is subject to political pressures and…

Libra: The End of the State Money Monopoly?

“Money is an honest ledger that individuals use to keep track of real wealth, defined as productive assets. Sorry Facebook but real wealth doesn’t include ‘bank deposits and short-term government securities. That said, thank you Facebook for widening the conversation about what money really is. That is a true service to society. Libra is the…

In Case You Were Sleeping: Facebook Edition

“In an age of unlimited fiat currency printing, all value flows to scarce assets – and Bitcoin is the scarcest liquid asset in history.” Robert Breedlove Key Takeaways Bitcoin’s price crossed USD 13,000 on July 10th, and trading volume is up 20% compared to the monthly average year-to-date. All signs indicate that we are firmly…

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