Business Cycles and Financial Crises - The Bitcoin Standard, Chapter 6.3

In episode 15, Mike and TC explore various aspects of Bitcoin, including the divisiveness within the community, the technicalities of nodes and mempool, the viability of home mining, and the potential future of Bitcoin in relation to central banks and inflation. They discuss innovative mining solutions and the implications of transitioning to a new monetary system, emphasising the importance of understanding Bitcoin's technical landscape and the evolving relationship between Bitcoin and gold. Chapters 00:00 Introduction and Context of the Discussion 02:49 Polemics and Perspectives on Bitcoin Nodes 05:43 Technicalities of Mempool and Data Storage <...