~/talk

The Bitcoin Standard

Talkat TOKEN2049 2019 · 2019-03-13..03-14· [bitcoin]
slides:none on file

Argues Bitcoin is unique because supply is fixed at 21 million cap and new issuance stays constant at ~1,800 new BTC/day, so demand raises security rather than inflation; mining increases hashpower (claimed ~7 trillion times a laptop) making attacks costlier. Claims zero fraudulent confirmations in ten years, on‑chain settlement takes about an hour with six confirmations, and consumer payments happen off‑chain via second layers. Frames Bitcoin as a global, voluntary store of value that lowers time preference and alters capital formation.

AI-written summary · about

  1. 0:00Start
  2. 0:39Why Is It the Bitcoin Matters
  3. 1:25Examples of Money
  4. 1:40Bitcoin Supply
  5. 7:09What Is Bitcoin Good for
  6. 10:35Does Bitcoin Scale Can Bitcoin Scale
  7. 11:39Interesting Implication of Hard Money
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