Pointbite.com - Technology & Economics
If somebody got rich without producing anything of value, their purchasing power came from someone else’s hard work. Trying to find a way around that basic premise is how all scams propagate.
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Episodes
Friday Jan 14, 2022
Friday Jan 14, 2022
Many people struggle to see the difference between tokens and stocks because the only property of stocks they understand is their ability to be traded.
But, apples and oranges are not the same even though they are both edible.
Sunday Feb 14, 2021
Wednesday Dec 30, 2020
Wednesday Dec 30, 2020
Blockchains can do some exceptional things unheard of just a few years ago, but the solutions they offer today are often just clunky, slow and unnecessarily complex distributed versions of things that already work quite well.
Monday Dec 28, 2020
Monday Dec 28, 2020
Who wants to store their life savings on a phone? Ultimately, everyone who has a non-trivial amount of bitcoin will need to trust someone somewhere to guard their wealth, re-creating the bank. So much for de-centralization.
Sunday Dec 27, 2020
Sunday Dec 27, 2020
Investments should create value. They should fund inventions, creations, discoveries or contribute something meaningful to humanity.
Friday Dec 25, 2020
Friday Dec 25, 2020
Yes it's true, money is just a social contract. Money is whatever we agree should be used to facilitate trade, but does that apply to Bitcoin?
Tuesday Dec 22, 2020
Tuesday Dec 22, 2020
I will be posting a series of podcasts describing the reason I believe Bitcoin is more hype than reality. In order for this exchange of ideas to be fruitful, we need to set a very important ground rule — no debate can succeed if the participants are incapable of separating what they “wish” from what “is” — meaning, wanting something to “be” isn’t enough evidence that it “is”.