I'm joined by guests Checkmate, Permabull Nino & TXMC Trades to discuss on-chain economics.
Discussion Topics
00:02:59 Overview of on-chain economics
00:06:44 Deciphering coin ownership
00:08:56 Calculating profit/loss for coins
00:13:33 Fees and the fee market
00:15:24 Bitcoin & shitcoin analytics
00:16:19 Analysing the bull market
00:28:10 Proof of reserves
00:29:00 Market manipulation
00:31:32 Surviving the market
00:32:30 Stablecoins
00:38:50 Hedge fund strategy & risk of rugpull
00:45:05 Institutional use of chain analysis
00:50:05 Manipulating and obscuring chain analysis
00:56:05 Proof of reserves
01:04:29 Regulatory risks
01:05:41 Concentration of coins
01:06:19 Security budgets
01:07:48 Efficiency and UTXO management
01:09:11 Inflation security budgets and supply schedule
01:11:38 Spent coins/lost coins
01:16:16 Audience question (market dominance vs realised cap/total market cap)
01:21:38 Market outlook
01:25:24 Audience question (bitcoin correlation with traditional markets)
01:28:00 Move to self custody
01:29:02 Spot premium
01:29:51 Currency debasement
01:35:26 How do you put a price on bitcoin?
01:38:57 Evolution of the bitcoin paradigm
01:41:29 The end of fiat money
01:46:14 The death of gold
01:50:09 Off-chain transactions
01:54:57 Market narratives
Links & Contacts:
Full show notes: https://bitcoin.review/podcast/episode-14/
