Matt and Nic return for a festive Christmas eve roundup. In this episode:
- Reevaluating our intro song
- Jack Dorsey’s web3 beef
- What’s on our Christmas list
- Is PoW inherently high-fee?
- We steelman the Jack Dorsey and the pro web3 arguments
- Is there a paradox in web3?
- We advance a model of tapered token issuance for web3
- The downsides of token issuance to early adopters
- Is Liz Warren right about corporate greed causing inflation?
- Radioshake releases a defi token
- Is Bitcoin ownership too concentrated?
- Bitcoin is dispersing while equities are concentrating
- Will there be a revolt among the staffers at the SEC?
Content mentioned:
- Nic Carter and Lucas Nuzzi in Bitcoin Magazine, Bitcoin's Proof of Work is Well Worth its Fees
- Paul Vigna in WSJ, Bitcoin’s ‘One Percent’ Controls Lion’s Share of the Cryptocurrency’s Wealth
Sponsor notes:
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- This episode is brought to you by Withum, a top 25 accounting firm with a cutting-edge Digital Currency and Blockchain Technology practice. To learn more, visit withum.com/crypto