With Twitter up in arms about a potentially invasive privacy measure and compliance for an invasive regulatory requirement, it’s time to break down exactly what is going on, and what we should or should not be concerned about. What is the Travel Rule, what is AOPP, and what should I do with my hardware wallets?…

“What is money? Why is it used? Which type of money is best? And why?” – Eric Yakes Today we are diving into the foundational chapter of Eric Yakes’ book The 7th Property. What are the characteristics of money, and how can we use them to understand the security and comparative value of competing monetary…

“This makes Bitcoin miners uniquely symbiotic with energy grids serving as “demand response” partners. If energy is ever in short supply, people get priority over Bitcoin miners. However whenever there is excess energy, it gets monetized. This symbiotic relationship leads to more energy abundance generally.” – Brandon Quittem Another great piece coming at you today…

“Money, in the ideal (which we’ll likely always only ever strive for, and not achieve), turns a portion of ‘our work, here and now’, into a portion of ‘everyone’s work, anywhere and forever’.” – John Vallis Continuing the incredible piece from yesterday by John Vallis around how the human consciousness even creates value and meaning,…

“Sacrifice is thus a critical component of value, as it is the use of one’s own limited resources, as that against which all action is measured and justified.” – John Vallis Why does it always seem that the Bitcoin rabbit hole inevitably leads to the questions of “what is money” & “what is value?” How…

“This confluence of Fed hikes and investor naivety “presents the setup for a severe washout” as the “pernicious effects of rising interest rates on future cash flows will likely prompt speculators and investors at the margin to dump or severely reduce their crypto holdings.” – Nik Bhatia We take a little break to discuss the…

“The people at the end of the line who are flipping NFTs do not fundamentally care about distributed trust models or payment mechanics, but they care about where the money is.” – Moxie Marlinspike As a follow up to the model and concept of web3 built on top of Bitcoin and Lightning, it seems prudent…

“Our goal is basically to realize this concept we have created called the atomic economy. This is just my way to create a narrative and mental model to represent hyperbitcoinization, or a future world where we actually broke free from having government regulations control the economy, having big tech control our data, and having big…

In a follow up to the State of Lightning Report from Arcane Research and OpenNode, we dive into the possibilities for how Lightning will change the global market, the potential for truly on-demand services, streaming money, the access it could bring to billions with no banking, & why I think it will change how we…