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How Quai's Tokens Work: The Qi + Quai Dual System, Energy Money & Market Incentives | Quai Series Ep 3- 6

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Manage episode 499188577 series 3605725
Content provided by cypherpunkd. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by cypherpunkd or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In our latest interview, Dr. K @mechanikalk from @QuaiNetwork sits down with @MattyIceSensei and explains how Gresham's Law creates a fatal paradox: Bitcoin is TOO GOOD as money, so people hoard it instead of spending it.

70% of crypto transactions happen in stablecoins - not BTC or ETH. That's not adoption, that's dependency on fiat systems.

Even if Lightning could do 50k TPS tomorrow, there's still the core problem: would YOU sign an employment contract paying 2 BTC/year with no dollar reference?

Probably not. And that's exactly the issue.

The solution?

Tune in to find out.

  continue reading

72 episodes

Artwork
iconShare
 
Manage episode 499188577 series 3605725
Content provided by cypherpunkd. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by cypherpunkd or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In our latest interview, Dr. K @mechanikalk from @QuaiNetwork sits down with @MattyIceSensei and explains how Gresham's Law creates a fatal paradox: Bitcoin is TOO GOOD as money, so people hoard it instead of spending it.

70% of crypto transactions happen in stablecoins - not BTC or ETH. That's not adoption, that's dependency on fiat systems.

Even if Lightning could do 50k TPS tomorrow, there's still the core problem: would YOU sign an employment contract paying 2 BTC/year with no dollar reference?

Probably not. And that's exactly the issue.

The solution?

Tune in to find out.

  continue reading

72 episodes

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