“It’s not that a government has the ability to ban Bitcoin from their country, I think it’s closer to the opposite: A country only has the ability to ban itself from Bitcoin.” – Guy Swann Today we’ve got my speech from BitBlockBoom to close out the week. One I’ve been meaning to share for some…

“For the reader who has become familiar with the operation of bitcoin, a good way to understand the operation of fiat is by drawing analogy to the operation of bitcoin using concepts like mining, nodes, balances, and proof of work. My aim is to explain the operation and engineering structure of the fiat monetary system…

“My own prediction is that slow bleed has been accelerating and is only the first step. The second step will be speculative attacks that use bitcoins as a platform. The third and final step will be hyper-bitcoinization.” – Pierre Rochard We are entering a new phase of the Bitcoin game theory. What really happens when…

“What Bitcoin is depends on its use as a means of storing and porting value, which in turn rests on secure titles to ownership of a scarce good.” – Jeffrey Tucker It can be incredibly difficult to make sense of, and imagine the immense amount of value provided by the Bitcoin system. And so often…

“With his choice of words, Taaki had outed an elephant in the room. It was true, Nakamoto had enacted soft forks, but by late 2011, the network no longer operated as it did in those early days.” – Aaron & Pete Before the great block size wars of 2017, there was the first war of the…