“In order to be useful for this kind of process, a good must possess a good “hardness”: Any unit of said good should not significantly lose its ability to provide utility if stored over some

“Privacy is at the root of Lightning which is a requirement for a retail payment network to succeed. It builds on Bitcoin which does not optimize for privacy⁵ but transparency and robustness.” – Nicolas Burtey

“This risk is probably best countered by offering enough time to upgrade. Unfortunately, not everyone agrees on how much time is enough; some think forced signaling could start within a year, others believe it should

“Trusted third parties are security holes” isn’t just a slogan; it’s a concept that millions of people will have intuitively grasped for the first time yesterday.” – Nic Carter

I’m sure you’ve heard about the

“Bitcoin’s capped supply is one of its most well-known features, and it is regularly cited as a hedge against inflation caused by government money printing.
Most people don’t know that Bitcoin has another attribute

“This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the technology.” – Willem Van Den Bergh

Why do communication protocols tend

“Rearden heard Bertram Scudder, outside the group, say to a girl who made some sound of indignation, “Don’t let him disturb you. You know, money is the root of all evil – and he’s the

“When we stop conceiving of central banking as an economics story, and start to see it as a crime story, we are beginning to get the true picture.” – Robert Breedlove
The epic conclusion

“Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time and inflict wealth inequality.” – Robert Breedlove
Breedlove brings us

“The system is rigged.” – Jimmy Song

How does out monetary system work and what does it even mean for the government and central bank to have printed trillions of dollars to hand out to

“Mempools are the centerpiece of the entire Bitcoin economy. And they are totally underrated.” – Zane Pocock

Today we dig into a unique mental framework of the Bitcoin mempool and how to understand its significance

“Distorting supply only serves to distort a currency’s ability to perform its job of storing and communicating value; it can’t make a currency more valuable or secure.” – Phil Geiger

Digging back into the Unchained

“#Bitcoin as protocol has huge potential: it’s like the TCP layer, but no one has built the HTTP layer yet.” – Elizabeth Stark
Today we read an article from earlier this year on the

“Incentives have driven exchanges to become casinos, and they’re doing exactly what you’d expect unregulated casinos to do. This is no place you ever want to send anyone.” – Rusty Russell

A sobering and important

“Years before the U.S. government’s assault on free speech escalated into the indictment against the WikiLeaks founder, the mysterious creator of Bitcoin recognized the potential fate that would befall the world’s first global Fourth Estate.

“the adoption of a superior form of money has tremendous multiplicative benefits to wealth creation for all members of a society.” – Vijay Boyapati

Rebooting one of the most essential Bitcoin works out there. If

“We have JCR Licklider to thank for the first articulation of the Internet, which he dubbed the “Intergalactic Computer Network” in 1962” – Roy Sheinfeld

If we look at the history of the most influential

“While Bitcoin can control the number of users inside the network, it has no control over the number of users accessing the network through custodial banks. The growth of this banking layer is outside of