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Crypto, and the Canadian Trucker Protest.....What Can We Learn?
Manage episode 337466175 series 3381606
Το περιεχόμενο παρέχεται από το Part Time Economist. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Part Time Economist ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Michael Saylor is one of the most well known cryptocurrency advocates. Thanks to his bold move of investing in BTC, his company earned a hefty reward, and Saylor has been able to use this success to showcase the merits of crypto. Although I tend to agree with most of his comments regarding cryptocurrency, I think that the recent Canadian Trucker Protests should cause us to re-examine one of his conclusions. In this post, I will do my best to make the case that holding crypto with a third party custodian that provides fiat settlement services more or less re-creates the existing financial system under a different name and negates the peer to peer nature of cryptocurrencies in favor of convenience. #bitcion #crypto #cryptocurrency
References
https://bitcoin.org/bitcoin.pdf https://twitter.com/saylor/status/1313494150554308615 https://twitter.com/APompliano/status/1495038292773019655 https://www.cbc.ca/news/politics/ottawa-protests-frozen-bank-accounts-1.6355396
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