Tommy and Brady discuss bitcoin, lightning network and taxes and recent reports from the University of Cambridge Judge Business School and the Bank for International Settlements.
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Links from the show:
How bitcoin is taxed in the United States:
https://www.thebalance.com/how-bitcoins-are-taxed-3192871
Cambridge 2nd Global Cryptoasset Benchmarking Study:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3306125
Bank for International Settlements argues Bitcoin ‘is not sustainable without block rewards’:
https://www.theblockcrypto.com/2019/01/22/bank-for-international-settlements-argues-bitcoin-is-not-sustainable-without-block-rewards/
Beyond the doomsday economics of “proof-of-work” in cryptocurrencies:
https://www.bis.org/publ/work765.pdf
Definition of a 51% attack:
https://en.bitcoin.it/wiki/Majority_attack
Theoretical cost of a 51% attack on each network:
https://www.crypto51.app/
Bitcoin post-issuance: an existential threat:
https://www.theblockcrypto.com/2019/01/24/bitcoin-post-issuance-an-existential-threat/
Nic Carter thread on fee market and block size limit:
https://twitter.com/nic__carter/status/1087698624426004480
