“One aspect that is still massively under-utilized is the programmability of Bitcoin. While simple things like scheduled payments and automated payment splits do exist, we

“One immediate lesson many drew from this event was a reconsideration of the risk of fiat liabilities in an environment where trust is lacking (including

“The 20th century was the first where technology enabled forms of violent state competition, as well as peaceful globalization, across the full scale of the

“Lightning is the way to make bitcoin the universal mainstream currency it was designed to be. This is how we’re going to bring open financial

“Over the long run, I view the outcome, one way or the other, more as a matter of technology than politics. From the top-down side,

“For proponents of privacy and open networks to win becomes a matter of making the technology easy to use, too costly to stamp out, and

“This context highlights the importance of the 1920–1921 depression. Here the government and Fed did the exact opposite of what the experts now recommend. We

“But for me, when I think about what Bitcoin’s properties are as a store-of-value asset and then compare those properties to the existing store-of-value assets

“People are very quick to project technology adoption curves onto Bitcoin. But the problem is that Bitcoin is not just a technology. It’s not just