Microsoft has a history of funding and developing with open source systems, and has started a new project called ION, trying to make a universal, decentralized system secured by Bitcoin, for managing and proving identities available to the globe.
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Is the blockchain a critical tool that creates the power behind Bitcoin, or is it a wasteful and unavoidable byproduct, an exhaust, of the system that secures the most sound money in the world?
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“If you ask me how much trust is right for the Lightning economy, the answer will always be.” – Roy Sheinfeld
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Today I get hyped with ck_SNARKs of BTCMedia and have the opportunity to pick his brain for all the exciting stuff happening at the Bitcoin2020 conference in San Fran!
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“By design, Bitcoin exists beyond governments. […] The architecture of bitcoin is practically purpose-built to resist and immunize any attempts by governments to ban it.” – @parkeralewis
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“Decentralization has […] been a vessel for achieving a concession from a centralized body it is protesting. Every decentralization play has followed a simple pattern: protest a market inefficiency, win that protest via a major concession, and then disappear back to fringes of society.” – Brandon Arvanaghi
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“The technology to provide auditability and transparency for bitcoin held in custody has been inherent to the protocol from its inception. However, the industry has been slow to incorporate”
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Diving into some of my own personal history with Bitcoin, what led me here, and the major changes I think we will see in the world over the next couple of decades. This was a really fun conversation and I think you guys will enjoy it. I was Once BITten, & here’s my story…
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“Unless you began your Austrian economic education at birth in some unknown Austrian paradise, on this planet at this particular time in human history, I think we can safely say we’re all Keynesians by default.” – Brady Swenson
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“The Lightning Network is best known for its fast and cheap payments. But the Layer 2 protocol could also offer more privacy than on-chain payments […] the developer thinks that “self-payments” could be an important part of the privacy puzzle.” – Aaron Van Wirdum
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Alone, and feel the charm of existence in of souls like mine. I am so happy, my dear friend.
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