Awesome presentation I think the greater 0 to 1 innovation is that we have a trustless digital financial system where users can audit the system and we don't need a central authority to issue new coins or validate transactions
It's actually not clear whether Bitcoin will be able to enforce the 21 million limit. The block subsidy is orders of magnitude greater than transaction fees. Over time the security budget will decline. Every halving is an experiment that tests if Bitcoin can remain secure with a lower security budget. It's not out of the question that Bitcoin has to eventually switch to a constant tail issuance.
Oh volatility, I bow to you and love you
Awesome presentation
I think the greater 0 to 1 innovation is that we have a trustless digital financial system where users can audit the system and we don't need a central authority to issue new coins or validate transactions
Very good, Parker, as usual.
Great content
Great job Parker!! Good explanations to often asked, hard to answer questions. I am now sharing this link with friends and family. :)
Pure signal 💯
beautiful presentation. will be choosing them to do business with in the future. They respect your rights to custody your assets. great company.
Parker, when/where is the next Houston Bitcoin meetup?
Is is possible to get the PowerPoint?
It's actually not clear whether Bitcoin will be able to enforce the 21 million limit. The block subsidy is orders of magnitude greater than transaction fees. Over time the security budget will decline. Every halving is an experiment that tests if Bitcoin can remain secure with a lower security budget. It's not out of the question that Bitcoin has to eventually switch to a constant tail issuance.
The audio quality on Parker is sh*t. Great presentation though.