“I believe that Satoshi Nakamoto, Whoever he/she/it/them is/was, was first and foremost a strategist of the cypherpunk traditions. This is extremely important because we need to understand the motivational ideology was not one of any

“So the next time somebody says that “shitcoin X” is faster than Bitcoin or claims that Bitcoin is slow, show them the criteria that truly count in a decentralized network.” – Vlad Costea

Did you

“Battles in the money market aren’t about incremental technology features, but fundamental monetary properties. Bitcoin is a pragmatic monetary evolution, which contrasts with shitcoin issuers misrepresenting a delusional technology revolution.” – Thibaud Marechal

Another great

“Contrary to what the critics would have you believe with all of their scary language about fraud and risk, when I send an on-chain Bitcoin transaction to you, it will get to you, no matter

“I am talking about the inability to confront shortcomings with layers of the system. The inability to confront substantial threats or attack surfaces that are not being worked on in terms of creating solutions and

“Some concepts are essen­tial, removing them because you want a better UX might turn out to be fatal.” – Gigi
En excellent piece from SwanBitcoin blog today by the one and only Gigi. Thoughts

“DLCs are uniquely positioned to bring smart contracting to Bitcoin using oracle contracts that are much more private and scalable than previously thought possible.” – Ben Carman

Ben Carman, a developer with the awesome team

“Instead of relying on accountants, regulators, and the government, Bitcoin relies on a global network of peers to enforce rules, shifting enforcement from manual, local, and inconsistent to automated, global, and predictable.” – Yassine Elmandjra

“If one transaction can be censored and controlled, can’t all transactions be censored and controlled? Can’t the powers-that-be deprive participants of the ability to exchange value globally and freely?” – Yassine Elmandjra

Starting into the

“Most Cypherpunk veterans on the Cryptography mailing list had by then seen one too many electronic cash experiments come and go, without any real successes to account for…”

“But Hal Finney, ever the optimist, wasn’t

“This explanation rests on illustrating a few interesting properties of how Proof-of-Work is used in the blockchain that are not immediately obvious and sometimes are rather counter-intuitive, for example how participants collectively solve a problem

“The project was initially understood as yet another doomed attempt to construct a digital currency by the disillusioned cypherpunk community. And without anyone’s permission, Bitcoin slowly emerged and diligently grew to become adopted by a

“Bitcoin’s supply schedule cannot change, because Bitcoin is the supply schedule. Any alteration produces something that is decidedly non-Bitcoin.” – Nic Carter

Nic does it again with a great piece on the potential future where

“As we conclude our “Discovering Bitcoin” series, we will build on the use of digital signatures and of the CoinJoin paradigm to explore concepts of unique chronology, mining fees and off-chain transactions.” – Giacomo Zucco

“The same is not true of the current monetary system. In the current structure, dollars can either be earned by delivering value to others within the economy, or conversely, if the Fed decides to hand

“By manipulating price levels, the Fed isn’t just preventing smaller intermittent fires from naturally running their course while creating larger fires down the road. Instead, think of the Fed’s actions as the arsonist that lights

Bringing back an old post for Hal’s Day. 6 years ago today we lost Hal Finney. This post was one of his last on the BitcoinTalkForums, knowing he would leave us soon, and how he

“In Part 6 of this “Discovering Bitcoin” series, we will build on the idea of using digital puzzles as a way to reproduce scarcity, and on the importance of a supply-control mechanism to grant some