“You’ve heard of Bitcoin. You do not like it… It relies on curious, antiquated ideas like sound money, peer-to-peer networking, the abolition of seignorage, and censorship-resistance. It is profoundly distasteful.” -nic carter
Don’t waste

“The Third Era will start with civil war” -Rusty Russell
The future economic reality of the Bitcoin ecosystem has been hard-coded into the consensus since the very first block. The inevitable pains that the

“We shouldn’t make full nodes harder to run, EVER” -@giacomozucco
Listen to the tweet storm laying out exactly why a responsible #Bitcoin maximalist should hold this view in today’s #CryptoQuikRead!
See the original

The infrastructure and businesses in the Cryptoconomy are set to have a massive shift in the coming months. The #Bitcoin ecosystem may be difficult to recognize in the near future. that makes it critical not

“Lightning Network provides a framework to measure the time-value of bitcoin, a precursor for a capital market and reserve currency status.” -Nik Bhatia

Today we jump back into @timevalueofbtc’s 4 part series

— “Lightning is a promising technology, but right now, very few people are fluent with it,” Chaincode Labs engineer James O’Beirne told Bitcoin Magazine.–
Another great piece form Amy Castor at Bitcoin Magazine. Today

“People have speculated on what a future with fat protocols will look like. File sharing protocols aren’t exactly the same, but they have a lot of similarities we can learn from.” @backus
Today we

“That’s right: while we’re here still trying to wrap our minds around Layer 2 solutions, these mad scientists are already proposing a system with three layers” @DZack23
Today we conclude the incredible piece

“Thing is, as these debates rage on, there’s a community of developers coming up with new ideas and, ya know, actually building stuff.” @DZack23
Today we explore a breakdown of the specific limitations

“Thinking about it, isn’t it ironic that, over the past years I wrote about every Bitcoin privacy technique in existence, except the one that 99% of all users use?” @nopara73
Today we dive into

“At least 99M People intend to own crypto, but don’t yet.” @RyanRadloff
A fun exploration by Ryan Radloff on the different demographics who intend to invest in Bitcoin & Crypto, and what might drive

“So instead, I’m going to tell a story that makes the function of the Lightning Network less abstract and hopefully, easier to picture in your mind. We will do this by explanation of the system

“In the end, learning is both science and art. It is science when your domain is structured, and art when it is not.” @Hosseeb
Don’t miss today’s episode about learning the things that no

“Forget currencies and commodities… perhaps the right analogy for Bitcoin is LAND!” Flashback from 2014 with @gendal in an analogy that presents a unique and interesting perspective of what it means to own a Bitcoin.

“…The age of controlled money had arrived — and with it, world wars, depression and inflation, enormous government indebtedness, and the rise of leviathan states that learned to print their way to power and riches.”

“This makes Lightning Network an absolute game changer for the entire concept of capital markets: income without explicit counterparty default risk.” @timevalueofbtc
Don’t miss Nik Bhatia’s other excellent work on his Medium page, and

“It is impossible for Bitmain to divest their BCH holdings onmarket. Full stop. The BCH markets are not liquid enough to absorb the amount of coins Bitmain is still holding” -@CryptoHerpesCat
Follow Crypto Herpes

“I’m going to expose the Washington Post/Wonkblog piece for the nonsensical ramble that it is… in short, it relies on mistaken assumptions to paint a misleading picture of the world.” -Nic Carter
Read the