“When I thought about what is the defining difference between the Bitcoin maximalists and my yuppie elite friends, the surface level distinctions that popped out were political (e.g., libertarianism, Trump support, second-amendment rights, Black Lives Matter).  But these stem from a deeper divide: the degree to which a person has trust in the system.” –…

“The empty block attack is one where a majority of mining power would be directed at mining only empty blocks and rejecting non-empty blocks. These miners would essentially execute a soft-fork where all non-empty blocks would be rejected. Given that they have a majority of hashing power on the network, so the thinking goes, they…

“Bitcoin is not taking gas from your car or electricity from your house, it is making power production more efficient, utilizing otherwise “stranded” energy sources and helping to fund the development of renewable energy technologies.” – Evan Bayless With the constant flood of ignorance and incredible mental laziness in the conversation of Bitcoin’s energy consumption,…

“Bitcoin is a unique digital asset for an increasingly digital world that requires digging deeper than the surface level to understand its core properties and trade-offs.” – Ria Bhutoria Fidelity writes another great piece this time addressing he persisting and common criticisms of Bitcoin that the new entrants to the ecosystem continue to falsely hold as major, valid concerns. Bitcoin…

“To state it plainly: Bitcoin is a momen­tous monetary innova­tion enabling a new mode of non-nation-state human organi­za­tion, a “purified” form of capitalism free of nation-state inter­fer­ence and deserving of its own neolo­gism. Let us call the new mode of socioe­co­nomic organi­za­tion enabled by encrypted digital money sover­eignism.” – Robert Breedlove Today we start an amazing series by…

“We can already observe some faint light at the end of the tunnel. Savings have been reintroduced into the hands of society. You can save money and the State is unable to influence your funds on the Bitcoin blockchain. Nobody can take your money away, and this creates economic stability that positively influences mental wellbeing….

“40 years of this back and forth has resulted in almost $20 trillion in zero- or negative-yield government and corporate debt, the lowest interest rates in the last 5,000 years, and the most amount of global debt ever in human civilization.” – Arthur Hayes Our macro situation is teeter between Financial Armageddon on the one…

“As long as there are money printers, there can be no freedom of expression. Money is the tool we use to express value to each other. Whoever controls the money supply controls the world.” – Knut Svanholm The world became vastly more free when we separated our religious morals and authority from the apparatus of…

“The World is in Denial” – Preston Pysh Preston Pysh joins Bitcoin Audible to talk the horrible macro environment, the unraveling of the financial markets, the enormous risk of inflation, & how the maturation of Bitcoin could turn everything upside down. The establishment of real market interest rates & liquid futures markets within the Bitcoin…