Parker Lewis

The Memory Pool

Gradually, Then Suddenly (#16)

Bitcoin is the Great Definancialization - December 19, 2020

What that future looks like exactly, no one knows, but bitcoin will definancialize the economy, and it will no doubt be a renaissance.

Gradually, Then Suddenly (#15)

Bitcoin is One for All - August 27, 2020

Whereas the dollar (and other fiat currencies) are one for a few in the short-term and all for none in the long-term, bitcoin is one for all, now and in the future, because it fixes the economic foundation for everyone.

Gradually, Then Suddenly (#14)

Bitcoin is Common Sense - May 01, 2020

There may be debate but bitcoin is the inevitable path forward. Time makes more converts than reason.

Gradually, Then Suddenly (#13)

Bitcoin is a Rally Cry - March 26, 2020

No matter how many cycles of quantitative easing the Fed and its global counterparts have in their bag of tricks, bitcoin is inevitably becoming a rallying cry for all those that see the train wreck coming and are unwilling to stand idly by.

Gradually, Then Suddenly (#12)

Bitcoin Obsoletes All Other Money - January 24, 2020

Bitcoin obsoletes all other money because economic systems converge on a single currency, and bitcoin has the most credible monetary properties.

Gradually, Then Suddenly (#11)

Bitcoin is Not for Criminals - November 29, 2019

We accept the good with the bad, recognizing that due to the very nature of bitcoin, we do not get to decide. There are always trade-offs, and in this case, that bitcoin will unavoidably be used for illicit purposes is the trade-off we gladly accept in exchange for the economic stability that an unmanipulable global currency will provide.

Gradually, Then Suddenly (#10)

Bitcoin Cannot Be Banned - November 08, 2019

Banning bitcoin is a fool’s errand. Some will try; all will fail. And the very attempts to ban bitcoin will accelerate its adoption and proliferation.

Gradually, Then Suddenly (#9)

Bitcoin is Not a Pyramid Scheme - October 18, 2019

[Bitcoin] will only proliferate if it creates utility for those that adopt it.

Gradually, Then Suddenly (#8)

Bitcoin is Not Backed by Nothing - September 27, 2019

Ultimately, bitcoin is backed by something, and it’s the only thing that backs any money: the credibility of its monetary properties.

Gradually, Then Suddenly (#7)

Bitcoin, Not Blockchain - September 06, 2019

Every other fiat currency, commodity money or cryptocurrency is competing for the exact same use case as bitcoin whether it is understood or not, and monetary systems tend to a single medium because their utility is liquidity rather than consumption or production.

Gradually, Then Suddenly (#6)

Bitcoin Fixes This - August 30, 2019

Could the whole apparatus of central bank policy be the root cause of the problem rather than the ever-elusive solution?

Gradually, Then Suddenly (#5)

Bitcoin is Not Too Slow - August 23, 2019

If a global financial system is to be built on a decentralized monetary system, the foundation must be protected at all cost.

Gradually, Then Suddenly (#4)

Bitcoin Does Not Waste Energy - August 16, 2019

Put a price on economic stability and the economic freedom a stable monetary system provides; that is the true justification for the amount of energy bitcoin should and will consume. Everything else is a distraction.

Gradually, Then Suddenly (#3)

Bitcoin is Not Too Volatile - August 09, 2019

Volatility in bitcoin is the natural function of monetary adoption and this volatility ultimately strengthens the resilience of the bitcoin network, driving long-term stability. Variation is information.

Gradually, Then Suddenly (#2)

Bitcoin Can't Be Copied - August 02, 2019

Those that attempt to copy bitcoin signal a failure to understand the properties that make bitcoin valuable or viable as money.

Gradually, Then Suddenly (#1)

Gradually, Then Suddenly - July 26, 2019

Bitcoin exists as a solution to the money problem that is global QE.