“Decentralization has […] been a vessel for achieving a concession from a centralized body it is protesting. Every decentralization play has followed a simple pattern: protest a market inefficiency, win that protest via a major concession, and then disappear back to fringes of society.” – Brandon Arvanaghi
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“Unless you began your Austrian economic education at birth in some unknown Austrian paradise, on this planet at this particular time in human history, I think we can safely say we’re all Keynesians by default.” – Brady Swenson
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Can you really own Bitcoins? Or do you merely have possession of keys that grant a high probability of exclusive control?
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“A first reaction could be that it is a great investment opportunity. A better reaction (from an EMH and non arbitrage point of view) would be that it is too good to be true.” – PlanB
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“So is the halving “priced in” or will it be a catalyst for appreciation? […] I consider it patently absurd that a change in issuance would have been overlooked by the price-setting entities.” – Nic Carter
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“Not since the gunpowder revolution were ordinary men & women able to stand up to those who chose to oppress or rule them unjustly. Only this time, it can be done in a non-violent method, whereby one can peacefully opt out” – Aleks Svetski
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“Unlike Paypal, Venmo, or traditional payment processors, it cannot deplatform you for wrongthink, holding subversive political views, being a sex worker, or legally selling cannabis. Ours is the biggest possible tent. Don’t be distracted by the online discourse. Bitcoin is utterly indifferent to the political views of its users.” – Nic Carter
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“Gold, the ancient and prevailing monetary sovereignty layer (representing an unmanipulable money supply), and the internet, the ultimate engine of exchange (representing global interconnectivity or liquidity). By combining and building upon the economic properties of both, Bitcoin is a momentous monetary innovation that has achieved the divisibility, portability, durability, and recognizability of pure information infused with the absolute scarcity of time.”
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“At the end of the day, everyone has to believe in something; might as well believe in something verifiable and unforgeable.”
– Hass McCook
Is Bitcoin really a religion?
Is all money some form of religious institution?
What happened to Virgil Griffith?
Are juries the best or worst idea for finding justice?
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Alone, and feel the charm of existence in of souls like mine. I am so happy, my dear friend.
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