“Trusted third parties are security holes” isn’t just a slogan; it’s a concept that millions of people will have intuitively grasped for the first time yesterday.” – Nic Carter

I’m sure you’ve heard about the insane social media takeover by a hacker looking to make a little Bitcoin by now. Nic Carter writes an op-ed on Coindesk breaking down his take on the event and how it calls attention to the huge problems of centralization on the web and social media, and what the possible solutions might look like. Will this finally push massive change in online security, or will it be quickly forgotten like the many hacks before it?

Original article as well as links to some other fascinating reads by Nic below:
https://www.coindesk.com/after-twitter-hack-we-need-user-owned-internet-more-than-ever
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• DeFi
• Prices & Markets
• Bitcoin & the global power struggle
• Political insanity
• Apolitical? Super-Political? Omni-Political?
• Hard Money Film
• Lightning Attacks
• Minimum wage
& tons more!

Another awesome episode with the Raleigh crew digging into so many topics on Bitcoin & and the state of the world.  

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“This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the technology.” – Willem Van Den Bergh

Why do communication protocols tend towards monopoly? What is it in the nature of networks that lends dominance in a single medium, in the way VHS killed the very existence of BetaMax, how Blu-ray pushed HD-DVD into obscurity? What can Schelling Points, the Lindy Effects, and what we know about networks inform us about these unique systems, and do they demonstrate the limits of free markets?  Don’t miss this incredible piece from Willem “On Schelling Points, Network Effects, & Lindy.”
https://medium.com/@willemvandenbergh_85885/on-schelling-points-network-effects-and-lindy-inherent-properties-of-communication-c4eb69b55c60

A great listen to accompany this one is Nick Szabo’s “Shelling Out”:
https://anchor.fm/thecryptoconomy/episodes/Reboot—Shelling-Out-The-Origins-of-Money-Nick-Szabo-e9omme

Sleep comfortably tonight, stack sats automatically with the lowest hassle, lowest cost Bitcoin savings plan. SwanBitcoin.com/guy

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