What I Really Think About Bitcoin

What I Really Think About Bitcoin

“I believe Bitcoin is one hell of an invention. To have invented a new type of money via a system that is programmed into a computer and that has worked for around 10 years and is rapidly gaining popularity as both a type of money and a storehold of wealth is an...
Why Bitcoin Is Not a Ponzi Scheme

Why Bitcoin Is Not a Ponzi Scheme

“From the begin­ning, Bitcoin has remained an open source and fully trans­parent project, and has the most organic growth trajec­tory of the industry. Given avail­able infor­ma­tion, the market has priced it as it sees fit, out in the open.” – Lyn Alden Bitcoin...
Happy HODL Day!

Happy HODL Day!

“GF’s out at a lesbian bar, BTC crashing WHY AM I HOLDING? I’LL TELL YOU WHY…” – GameKyuubi The origins of the greatest meme in Bitcoin history. For all the rest of the Bitcoin holidays, check out the calendar over at thecryptoconomy.com: Crypto Holiday Calendar...
The Fiat Standard – Chapter 1

The Fiat Standard – Chapter 1

“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...
Why Does Bitcoin Have Value?

Why Does Bitcoin Have Value?

“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...