WebMay 4, 2024 · At the current state of the network, bitcoin has fungibility issues, this is a problem which needs to be solved in order to make any bitcoin as valuable as any other bitcoin. Divisibility. Each bitcoin (or … WebMay 10, 2024 · Ultra Sound Money Meme Criticized. The ultra sound money proposal has been criticized by proof-of-work (PoW) consensus proponents arguing that it has two …
Why Is Bitcoin Valuable? What Makes Bitcoin Sound Money?
WebNov 2, 2024 · How Bitcoin Is Sound Money. One of the best ways to view Bitcoin is as the first legitimate competition to central banking in the last century. Governments … WebDec 8, 2024 · Bitcoin is arguably the soundest money we have right now, but that doesn’t mean that it’s in a place in its development yet where it qualifies fully as sound … crystal spotlight covers
Bitcoin, Peace, & Music with DJ Valerie B LOVE & Friends: Bitcoin ...
WebJul 23, 2024 · The Ultra-Sound Argument. For Ethereum to be Ultra-Sound it needs to be, well, more sound than Bitcoin. Here’s how that might happen: First, the implementation of EIP-1559. This is an upgrade to Ethereum which changes how miners are incentivized and introduces the potential (but not the guarantee) that Ethereum will become deflationary. A world under a bitcoin standard would look vastly different from today. Most importantly, the system will benefit all participants. A key aspect of bitcoin from this standpoint is that there is close to no inflation. Removing the ability for governments to print money will greatly reduce the wealth gap, … See more Sound money imposes fiscal discipline upon governments. Having a monetary system with a sound money base means that the money … See more Economies flourish under sound money systems. When the unit of account is stable, and not manipulated at will by governments, economic actors enjoy increased ease of trade, increased levels of savings and … See more Individuals living under a sound money system have many benefits, some of which we discussed above. Free from having to run ever faster and work ever longer in order to … See more WebApr 23, 2024 · Drake, an Ethereum core developer, makes a very compelling case that Ether should be considered “ultra sound money”, building on the concept of “sound … crystal spray mtg