
Read_476 – The Legend of Prometheus [Aleks Svetski]
“we should all take a moment to be deeply grateful for the introduction of an ark upon which we can board, and from which we can later rebuild.” – Aleks Svetski
The Bitcoin Times vol
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“we should all take a moment to be deeply grateful for the introduction of an ark upon which we can board, and from which we can later rebuild.” – Aleks Svetski
The Bitcoin Times vol

“Today, bitcoin is still an alternative treasury asset, but as larger and more powerful organizations begin to use Bitcoin directly, they will begin to tear away from the overreach of governments. This in and of

“As a decentralized and open source project, adopted by many programmers and proponents around the world, many intelligent people have dedicated their careers to Bitcoin. It’s hard to find a more voracious group of people

“Taking my view a step further, evidence shows that the global monetary system as currently structured is gradually re-aligning itself, and this fact will have important ramifications for investments over the long run.” – Lyn

“For the reader who has become familiar with the operation of bitcoin, a good way to understand the operation of fiat is by drawing analogy to the operation of bitcoin using concepts like mining, nodes,

“My own prediction is that slow bleed has been accelerating and is only the first step. The second step will be speculative attacks that use bitcoins as a platform. The third and final step will

“What Bitcoin is depends on its use as a means of storing and porting value, which in turn rests on secure titles to ownership of a scarce good.” – Jeffrey Tucker
It can be incredibly

“With his choice of words, Taaki had outed an elephant in the room. It was true, Nakamoto had enacted soft forks, but by late 2011, the network no longer operated as it did in those

“Bitcoin is a battle ground to restore freedom, truth, and virtue in the world.” – Robert Breedlove
Another excellent piece from Breedlove, this time on the SwanBitcoin blog. The very purpose of money and

“But there is something even more interesting that happens with mining and electricity. Not only does Bitcoin mining add revenue to existing locations of energy production, but it also makes other previously unprofitable energy sources

“And replacing gold is just the start. Bitcoin isn’t just a better gold; because of its programmability, it’s a platform that will host the future of money. It will disintermediate many core functions in finance.”

Want to hear all of the bullish cases for Bitcoin? Protection for pensions, the fiscal cliff we are speeding toward, capital movement for the wealthy, a safe haven for corporate treasuries, a dominant millennial investment

“Taproot will unlock a new range of possibilities for Bitcoin, improving privacy and expanding smart contract possibilities”
The code has been merged, the client is on the way, and it’s time for the miners and

“It takes two nudges to convert a nocoiner. The vast majority of people got their very first nudge in 2017. These people are now primed for that second nudge, which is coming in roaring.” –

“Bitcoin is more easily verifiable than gold, in terms of being a reserve asset and being used as collateral. It’s more frictionless to transfer than gold, and has a hard-capped supply. And I like gold

“The logical construct behind the dissection of today’s evils is actually very simple: money is broken; fix the money, fix the world.” – Thibaud Marechal
The systemic imbalances of our monetary system are far deeper

“If any of these forks had meaningfully gained ground relative to Bitcoin, the critics would have had a point. What’s the point of a monetary network which is undergoing a constant state of fragmentation?” –

“One can use a “brainwallet”. Refugees need to carry nothing with them, all they would need to do is remember a Bitcoin wallet passphrase. Funds, potentially millions of US dollars, can therefore be effectively stored
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