Bitcoin & the 7th Great Disruption of the Digital Age
Bitcoin isn’t just digital money, its a complete inversion of the idea of money in the same way the internet changed the nature of information…
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Bitcoin Can’t Be Copied
Today we start into the second in the “Gradually, Then Suddenly” series by Parker Lewis. Why altcoiners may claim their coin is for something other than money, but it must compete with Bitcoin as money regardless. Why money will only tend to one. Why copies of Bitcoin are just modern day alchemy. And why toxic maximalism is Bitcoin’s greatest strength. Don’t miss a great piece and fun discussion to follow!
Bitcoin Can’t Be Copied!🚫
Aleks Svetski on the Death of Blockchain
I got a chance to sit down with Aleks Svetski of the Amber App & blockchain bashing fame at the Bitcoin2019 conference. The Citizen Bitcoin crew joins us to hear his story of bashing ICOs at an ICO conference, and speaking about the Death of Blockchain at a blockchain conference. Don’t miss this one.
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Bitcoin & Software Reliability
“‘Break stuff’ in that context means ‘Kill People.’ The software simply must work every time, no compromise, no guesswork, no exceptions. There are no ‘do overs’ or roll-backs.”
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Hayek’s ‘Use of Knowledge in Society’
The brilliance of the price system is in coordinating the values, deeply limited knowledge and scarce resources precisely to their highest value need without having to understand or be aware of every single change in supply, alternatives, and uses of those resources among the economic participants. It is specifically because we only receive the most important piece of information, its new value in relation to other things (the price), that we can so quickly align ourselves with the new state of the world…
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Bitcoin’s Security is Fine
Is Bitcoin’s security going to be unreliable, volatile, or could it even fail entirely when we lose the block subsidy? Or is Bitcoin set to operate smoothly with a natural transition from newly minted bitcoin, to transaction fees?
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Use of Knowledge in Society – Part 2
The brilliance of the price system is in coordinating the values, deeply limited knowledge and scarce resources precisely to their highest value need without having to understand or be aware of every single change in supply, alternatives, and uses of those resources among the economic participants. It is specifically because we only receive the most important piece of information, its new value in relation to other things (the price), that we can so quickly align ourselves with the new state of the world. Don’t miss the conclusion of Hayek‘s work, “The Use of Knowledge in Society.”
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Bitcoin Has No Intrinsic Value, & That’s Great!
Diving into a great piece by Conner Brown exploring the subjectivity of value, and why Bitcoin’s lack of “intrinsic value” is a benefit, not a hinderance.
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Nodes vs Miners, Who Defines Bitcoin?
Today we cover more specifically the consequences and risks of a divorce between miners & the network of nodes. What could the miners do, are sybil attacks proof that nodes worthless, what exactly are the incentives that keep the different players in this ecosystem working together? Don’t miss another fun discussion on what defines Bitcoin, and the role that proof-of-work & validation play in this revolutionary technology.
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