RE: RE: One key detail that changed my mind about Bitcoin
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RE: One key detail that changed my mind about Bitcoin

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It's really easy to overestimate one's knowledge about these matters because it requires deep understanding of monetary networks and computer networks – both of which are by no means simple matters! But it's basically the synthesis of these two that have led me to a conclusion that bitcoin is the best candidate for a new global monetary base layer.

And this conclusion is even harder to arrive at, because there's a lot of misinformation about bitcoin itself, but also, the fundamentals of economics as portrayed today are not very solid, imo. It requires an Austrian school perspective – which is rare these days – to understand how bitcoin could work as money.

Bitcoin Standard is probably the best source and easy to read book to have a complete understanding on all this, but even after that it took me another book and dozens of hours of podcasts before it really clicked.

You have a gift for explaining things in clear and straightforward language!

Thank you! I'm glad you got something out of it :)

@celestal: It's really easy | Ecency