In Part I, Parker Lewis and Dhruv Bansal make the case that bitcoin’s true breakthrough is its credibly enforced fixed supply. They explain how economic systems naturally converge on one money because trade is an intersubjective problem—and convergence happens by necessity, not coincidence. Decentralization defends the fixed supply—but just as importantly, the fixed supply enables decentralization by simplifying pricing so much that the market for releasing bitcoin into circulation can be decentralized. These properties position bitcoin as a trustless, global monetary standard.
Buy Parker’s book, Gradually, Then Suddenly: https://academy.saifedean.com/product/gradually-then-suddenly-hardcover/
Download Dhruv’s report, How did Satoshi think of bitcoin?: https://www.unchained.com/go/how-did-satoshi-think-of-bitcoin
Access the full three-part recording https://www.unchained.com/o/bitcoin-not-crypto
TIMESTAMPS:
0:00 - Intro
1:00 - How Parker and Dhruv see bitcoin the same through different lenses
3:26 - Why bitcoin is the only thing you need to focus on
5:28 - Why 99% of people still don't understand bitcoin
8:00 - The single most important idea about bitcoin
12:25 - Why fixed supply is bitcoin's 0 to 1 breakthrough
16:14 - Why decentralization defends bitcoin's supply
18:01 - How failed digital currencies led to bitcoin's design
24:04 - How bitcoin's simple release schedule changed everything
WHERE TO FOLLOW US:
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→ Unchained Newsletter: https://unchained.com/newsletter
→ Parker Lewis on Twitter: https://x.com/parkeralewis
→ Dhruv Bansal on Twitter: https://x.com/dhruvbansal