“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 have just about the closest thing to a controlled experiment

“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 out there… Bitcoin is by far the best.

“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 a smartphone, or a computer, or a social network, or

“Here is a little story of how I built a #Bitcoin Lightning payments app used by more than 10,000 users at the time running on two Raspberry Pi’s from my bedroom… My conclusion: The banks

“If Fedipools prove to be viable we could find ourselves in a world where bitcoin mining pool centralization risk is significantly reduced and the worries that many have today cease to exist. By creating a

“This is the end of Lightning as a niche technology and the beginning of Lightning as a (ubiquitous) Service. In a few years, Lightning functionality will be so universal that nobody will even notice it

“Furthermore, when Bitcoiners develop privacy and scaling technology for Bitcoin, we make it substantially more challenging for anti-coiners to make the case that a war on Bitcoin is winnable. When more of us demonstrate the

One thing to make abundantly clear: Nostr is a protocol. It’s a set of rules that servers and clients use to communicate (just like Bitcoin, email or Bittorrent). Nostr is not an app nor a

“But, I keep coming to the same conclusion: We are here for this movement. We are here to build a parallel economy that will eventually take over the old fiat system.
I’m not a

“To wit, we have raised the debt limit 22 times from 1997 to 2022. Yep, we’ve raised the limit 22 times in 25 years. Let that sink in for a moment. OK, so now that

“Today no money in the world fully performs all three services. National currencies are being used as means-of-payment and standard-of-value money, b u t none in this inflationary age is an assured store-of-value money. In

“All of this is important because there has been a resurrection of Burns-type positions in the current debate about the cause of higher inflation rates. Senator Elizabeth Warren blames the rising inflation on greedy corporations

“Last night, lightning struck our house and burned it down. I escaped wearing only my nightclothes. In an instant, everything was vaporised. Laptop? Cinders. Phone? Ashes. Home server? A smouldering wreck. Yubikey? A charred chunk

“But as with all new technology, it can be incredibly hard to explain what’s actually happening, without getting too complex. This got me thinking about Bitcoin education and how to ELI5 (Explain Like I’m 5)

“Bitcoin is paradoxical. It is simple yet complicated, ever-changing yet unchangeable. A novel machine without any novel parts; a technological innovation that isn’t really about technology. You can’t touch it, yet it is hard money.

The problem today is that we have companies who own both the protocol and discovery of content. Which ultimately puts one person in charge of what’s available and seen, or not. This is by definition

Bringing back one of my favorites today that I mention often but we haven’t covered in a very long time. This is an essential piece diving into the complexities and profound depth in the market

“Bitcoin is not a hedge against inflation; it is the permanent solution to inflation, and those are two very different things.” – Parker Lewis

Parker Lewis is back in action with the 18th installment of