The Perfect Cryptocurrency and Are We Heading for a Housing Crash?
The Coin Bureau Podcast: Crypto Without the HypeShow Notes
Back for some more midweek action with a couple of selections from Coin Bureau’s YouTube channel. The audio you’ll hear this week is from our videos on what makes the perfect cryptocurrency and why we could be about to witness a housing market crash.
The developers and fans of many crypto projects like to claim that they have solved the so-called blockchain trilemma. This term, coined by Ethereum founder Vitalik Buterin, posits the idea that no cryptocurrency blockchain can be decentralised, secure and scalable at the same time: one component must always be sacrificed in favour of the others. Usually, the sacrificed component is decentralisation, with many, many cryptocurrencies turning out to be centralised to a greater or lesser degree once you dig down into how they actually work.
The continued failure to solve the blockchain trilemma, as well as many other endemic failings, means that the perfect cryptocurrency is yet to appear. Some have got close and some are getting closer as we speak, but all have their imperfections. So, we here at Coin Bureau sat down and tried to imagine how exactly this mythical, perfect crypto would look. With luck, one of the crypto developers of tomorrow may be listening and taking notes…
Next up, a look at how the housing market in many countries has been running hot in recent years and why it might be about to start cooling. From a pandemic-inspired race for space, via failing supply chains, the explosion of Airbnb and much else besides have come housing prices that seemed only to go one way. After all, everyone needs a place to live.
But, as Covid recedes, the tide may be turning. Interest rates are rising, uncertainty is stalking its way through the global economy and recession is becoming a reality in many countries. As such, could bricks and mortar suddenly start to wobble, or will they always be safe as houses? This second part of today’s episode should give you a good idea of where we could be headed.
If you want to see these videos in their natural habitat (so to speak) then you can find them and many more over on our YouTube channel: https://www.youtube.com/c/CoinBureau/featured
We hope you enjoy the show.
Producer for iHeartMedia: Noel Brown Editor: Semir Mutapcic See omnystudio.com/listener for privacy information.
More from The Coin Bureau Podcast: Crypto Without the Hype
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Crypto has been rocked over the last few days by the biggest disaster ever to hit the industry. While it has experienced its fair share of crises over its short history, the collapse of FTX and Alameda Research is the gravest challenge crypto has faced thus far and the true extent of the damage may not become apparent for some time.