“Since 1800, in 51 out of 52 cases where a country’s debt-to-GDP ratio reached 130%, the country eventually defaulted. The only exception is current Japan, who is frankly in the final stages of circling the

“Today Americans celebrate 246 years of independence from the British Empire. On this day in 1776 the Founding Fathers made a declaration. It was a bold and risky action. Never before had a colonial state

“Your barber or stylist likely has the broadest network of anyone you know. People from every walk of life, including business owners, accountants, teachers, firefighters and politicians, sit in their chairs, sometimes for hours. It

“Neither a startup nor a bank will ever be able to cost-effectively compete on a global scale with the Lightning Network.” — Graham Krizek

Today we hit a really interesting piece from the founder and

“Investing in bitcoin, we believe, is like having the ability to buy shares of a general “Internet ETF” back in the early 1990s, or like being able to buy undeveloped land on Manhattan Island at

“bitcoin is a protocol stack which we can expect to be expanding for many decades, and its foundation is that lean, simple database defended by the world’s strongest firewall; the bitcoin blockchain. In sum, we

“Expect BlackRock to turn around and shill this to banks, and in particular big banks, such that JPMorgan, for example, can itself turn around and offer “Bitcoin” to its own clients. Of course, it will

“The more wonderful something is, the more passion it will arouse. Bitcoin is among the greatest wonders of the late-modern world, so Greg Foss is understandably very passionate about it. So passionate in fact, that

“What is Bitcoin? Many have attempted to answer this question, but I believe that our quest to do so is doomed to continue in perpetuity. The continuing development of the protocol is where the cutting

“Zapvertising has two forms, and I believe there is a crucial difference between the two. In one version, a company or creator zaps a ton of notes on the Nostr feed. Blockstream has done this

“Nostr isn’t just a social network, in a similar way that Bitcoin isn’t just a transaction network. Both of these things are true, but they each miss the more significant elements of what they accomplish.”

“Much like how two nuclear bombs ended World War II, capital-crushing central bank policy rate hikes and Russian sanctions were like two nuclear bombs dropped on the economy and the banking system. The shock wave

“Price inflation is the highest it’s been in decades. Labor participation is the lowest it’s been in decades. Wealth inequality is continually going in the wrong direction since 1971 and has accelerated during the QE

“The idea of a language user interface as the next step from the thumb tapping we’ve become used to over the past decade is fascinating, and what we should be thinking about is how to

“Ark is a trustless, distinct layer two protocol with unilateral exit. ASPs cannot steal users’ funds or link senders & receivers. Users retain self-custody and can revert their funds to the base layer if something

“an unbounded number of assets can be minted and/or moved in a single on-chain transaction. This off-chain first design enables asset minters and transactors to enjoy the permissionless nature of the bitcoin blockchain and scale

“Permission can only be denied if it is requested. Direct, peer-to-peer interaction obviates permission and equalizes market power. Don’t request permission to transact; transact. Don’t tinker with the system; supersede it.” — Roy Sheinfeld

Today