“Thus, Bitcoin is the first free, non-commercial software project with the intensity of a commercial product.”
Today we hit Section 6 of the Iterative.Capital Thesis exploring the incentives and feedback loops that allow the

“In practice, the Proof-of-Stake approach proves to be problematic in systems where the coins “at stake” were not created through Proof-of-Work.”
Today we explore how Proof-of-Work enables the Bitcoin system to achieve consensus without

“How does Bitcoin use a peer-to-peer network of computers to enforce the rules agreed upon by human participants?”
Today we explore how Proof-of-Work enables the Bitcoin system to achieve consensus without any central point

Today we explore how the Bitcoin incentives bring together disparate groups of developers, technical operators, and users to maintain and expand the Bitcoin system in a free and collaborative environment. Continuing with Section 4 of

Today we continue through Section 3 of the Iterative.Capital Thesis on the Cryptocurrency Phenomenon exploring the Open Source process, how free software dominated the internet, and how the hacker movement effectively destroyed the institutional monopoly

Continuing our journey through the incredibly thorough and knowledgeable work by iterative.capital that focuses and clarifies the highly misunderstood narrative around the Cryptocurrency Phenomenon. Don’t miss Part 3!
Check out the other awesome work

Continuing our journey through the incredibly thorough and knowledgeable work by iterative.capital that focuses and clarifies the highly misunderstood narrative around the Cryptocurrency Phenomenon. Don’t miss Part 2!
Check out the other awesome work

Today we start our journey through the incredibly thorough and knowledgeable work by iterative.capital that focuses and clarifies the highly misunderstood narrative around the Cryptocurrency Phenomenon. Don’t miss this one!
Check out the other

“Government involvement is usually limited to mediating the clash between incumbents and innovators. Rarely is government the incumbent.” -Zack Voell
Think Bitcoin is apolitical? Think again. You don’t want to miss this one by

There is this wonderfully vague idea that I endlessly hear about called “Satoshi’s Vision.” I’ve read many differing supposed “visions” of Satoshi’s and the only constant between them is that it was also the opinion

“What we’re witnessing with digital assets is a move back toward bearer assets — now that users of these protocols have figured out how to trade them quickly, digitally, and without any possibility for the

“As investors reallocate their current investment portfolios to include bitcoin, trillions of dollars in market capitalization appreciation becomes an inevitable result” -Nik Bhatia
Another excellent piece from Nik Bhatia exploring the major developments in

“If you build a system meant by its very nature to dis-intermediate third parties and exist independent of governments and legal systems, you have an identity problem.” -Nic Carter
Another excellent piece by Nic

@Beautyon_ takes us through the realizations & predecessors that set the stage for Bitcoin and the incredible impact this technology has had, and will continue to have on the entire world. #Bitcoin, the revolution, 10

Part 4! Today we finally conclude Nick Szabo’s essential work, Shelling Out: The Origins of Money! A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who

Part 3! of our journey through Nick Szabo’s incredible work, Shelling Out: The Origins of Money. A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who

Part 2! of our journey through Nick Szabo’s incredible work, Shelling Out: The Origins of Money. A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who

Today we begin our journey through Nick Szabo’s incredible work, Shelling Out: The Origins of Money. A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who