“Using Bitcoin can level the playing field for the world’s poor as we work toward economic justice.”
– Bradley Rettler

Author Bradley Rettler returns in today’s read with a concise piece on the nature

“Not only is the world experiencing greater dispersion of outcomes, it is also changing at an increasingly faster pace. Raw data is pouring torrentially down upon us, overwhelming our neural capacity more each day. We

“The individual investor is professionalizing at the end of one of the biggest, most Homeric blow-out parties of all time. Forgive the cliched baseball metaphor, but this is like a player being called up from

“The line of differentiation between the masses and the Remnant is set invariably by quality, not by circumstance. The Remnant are those who by force of intellect are able to apprehend these principles, and by

“As Gall’s Law suggests, we believe the general principle favoring Bitcoin’s layered architecture is not one of software engineering so much as engineering entirely in general, yet as elegantly applied to software.” – Only the

“Lyn Alden captured this well in her excellent piece, An Economic Analysis of Ethereum, which we highly recommend in addition to our own. Similarly observing that there does seem to be a lot of “financial”

“The consensus is what matters. The breakthrough of proof-of-work and the difficulty adjustment is far more about harnessing energy and existing communications infrastructure to calibrate incentives than it has to do with computation. Computation is

“Sandwiched between Guatemala and Honduras, El Salvador — the smallest and most densely populated country in Central America, with an average GDP per capita of around $3,500 — is a most unlikely ground zero for

“Schumpeter would have loved Bitcoin. He would have seen in Bitcoin a living representation of his theory of capitalism, so often quoted but rarely understood. Creative destruction is the process by which capitalism continually rejuvenates

“we often hear the U.S. dollar called an “exorbitant privilege.” Namely, that the U.S. benefits disproportionately from the dollar’s reserve currency status. This article will detail why the current financial system has, in fact, been

“For those with the curiosity to look, Bitcoin has emerged as a vast and mysterious space to explore, with treasures, dangers and untold potential. And similar to the Statue of Liberty’s beautiful but no longer

“the fact that bitcoin is now legal tender in a country is absolutely astonishing. Yesterday, some nerds discovered a system that allows magic internet money to emerge by sending messages back and forth. Today, a

“There has never been a more secure, scarce, valuable, transportable, decentralized and networked asset in all of humanity’s history. It’s more mobile than gold. It appreciates faster than property. It’s supply is fixed unlike stocks

“Long before we had the Bitcoin energy debate, we had the gold resource cost debate. The contours were similar: the costs associated with gold refining and extraction were a waste; they were too great relative

“Farzan and her family traveled by foot, car and train thousands of miles through Iran and Turkey, finally making it to Germany in 2017. Along the way, dishonest middlemen and common thieves stole everything they

“Bitcoin fails as a money b/c of its naive monetary policy. Many people think government printing too much is evil, so a fixed money supply must be good. The reality: a money that cannot expand

“This technology goes around blockades and government restrictions, it allows you to move value without trusting anyone, it connects you to the world, and it allows you to empower yourself and do things that are

“By all extant metrics in security system review, this system should have failed instantaneously, at every possible layer.
And, to be fair, it has failed at other layers – BitCoin thefts have occurred,