“It is truly impossible for the petrodollar system to be green when it is based on black gold.” – Alex Gladstein Today we have another brilliant piece by Alex Galdstein, published on Bitcoin Magazine about the Petrodollar system, how it came about, why it has stuck around, & the horrible costs of maintaining it that…
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Hyperbitcoinization is defined by the Nakamoto institute as “a voluntary transition from an inferior currency to a superior one, and its adoption is a series of individual acts of entrepreneurship rather than a single monopolist that games the system.” – Knut Svanholm
Read MoreHyperbitcoinization is defined by the Nakamoto institute as “a voluntary transition from an inferior currency to a superior one, and its adoption is a series of individual acts of entrepreneurship rather than a single monopolist that games the system.” – Knut Svanholm The FOMO is going to be out of this world, & both the…
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“To be sure, by the waning days of 2010, Satoshi Nakamoto was still acknowledged for inventing Bitcoin, and was respected for growing the world’s first decentralized digital currency into a $1 million market. But as frustrations with his authority and availability built, it became all too common for users to decry Satoshi the admin[ X ], Satoshi the bottleneck[ X ], Satoshi the dictator[ X ].” – Pete Rizzo
Read More“To be sure, by the waning days of 2010, Satoshi Nakamoto was still acknowledged for inventing Bitcoin, and was respected for growing the world’s first decentralized digital currency into a $1 million market. But as frustrations with his authority and availability built, it became all too common for users to decry Satoshi the admin[X], Satoshi…
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“Bitcoin miners are unique energy buyers in that they offer highly flexible and easily interruptible load, provide payout in a globally liquid cryptocurrency, and are completely location agnostic, requiring only an internet connection. These combined qualities constitute an extraordinary asset, an energy buyer of last resort that can be turned on or off at a moment’s notice anywhere in the world.” – Square & ARKinvest
Read More“Bitcoin miners are unique energy buyers in that they offer highly flexible and easily interruptible load, provide payout in a globally liquid cryptocurrency, and are completely location agnostic, requiring only an internet connection. These combined qualities constitute an extraordinary asset, an energy buyer of last resort that can be turned on or off at a…
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“Bitcoin miners are unique energy buyers in that they offer highly flexible and easily interruptible load, provide payout in a globally liquid cryptocurrency, and are completely location agnostic, requiring only an internet connection. These combined qualities constitute an extraordinary asset, an energy buyer of last resort that can be turned on or off at a moment’s notice anywhere in the world.” – Square & ARKinvest
The “Bitcoin destroys the environment” argument is over for anyone who hasn’t lost the ability to think clearly. A new paper from Square and their clean energy initiative and how Bitcoin mining will change everything.
For the full paper and links to further breakdown and discussion on the topic, check out the source below:
https://assets.ctfassets.net/2d5q1td6cyxq/2D2BnksJjavw4a6SUvAPwZ/c42a9e3a520b0cc3b230cda3b43eead5/BCEI_White_Paper_.pdf
Don’t forget to get your keys safely in your own possession, with a secure, open source hardware wallet, the BitBox02!
And stack automatically, withdrawing for free to your BitBox, using the best auto-DCA service in the biz, SwanBitcoin.com/guy
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“discussion about Taproot activation turned out to be a long and sometimes heated debate. Now, it has resulted in two different Taproot activation paths, embedded in two main software clients that could in some scenarios even become incompatible with one another.” – Aaron Van Wirdum
Read More“discussion about Taproot activation turned out to be a long and sometimes heated debate. Now, it has resulted in two different Taproot activation paths, embedded in two main software clients that could in some scenarios even become incompatible with one another.” – Aaron Van Wirdum With a short introduction to taproot and all the mess…
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