Is the blockchain a critical tool that creates the power behind Bitcoin, or is it a wasteful and unavoidable byproduct, an exhaust, of the system that secures the most sound money in the world? This was a fascinating Twitter thread by Udi Wertheimer that explores what I find to be an interesting perspective on the…

“If you ask me how much trust is right for the Lightning economy, the answer will always be less.” – Roy Sheinfeld Today we dig into the recently implemented reverse submarine swaps in the breez lightning service.  One of the many tools we have for both mitigating, and also building trust in the new economy….

Today I get hyped with ck_SNARKs of BTCMedia and have the opportunity to pick his brain for all the exciting stuff happening at the Bitcoin2020 conference in San Fran! With only a month left its time to get serious about it. Stay to the end if you want to hear how you might save some…

“By design, Bitcoin exists beyond governments. […] The architecture of bitcoin is practically purpose-built to resist and immunize any attempts by governments to ban it.” – @parkeralewis The next in the Gradually, Then Suddenly series not to be missed. Governments will not ban Bitcoin until it’s apparent that it actually presents a threat to their…

“Decentralization has […] been a vessel for achieving a concession from a centralized body it is protesting. Every decentralization play has followed a simple pattern: protest a market inefficiency, win that protest via a major concession, and then disappear back to fringes of society.” – Brandon Arvanaghi What can we learn from the history of…

“Bitcoin is a movement founded on individual monetary sovereignty, transparency and peer-to-peer auditability enabled by a breakthrough in technology. […] The technology to provide auditability and transparency for bitcoin held in custody has been inherent to the protocol from its inception. However, the industry has been slow to incorporate”  –Mauricio Di Bartolomeo Bitcoin, as a…

I had an awesome time the other day with Daniel Prince on the new Once BITten Podcast. Diving into some of my own personal history with Bitcoin, what led me here, and the major changes I think we will see in the world over the next couple of decades. This was a really fun conversation…

“Unless you began your Austrian economic education at birth in some unknown Austrian paradise, on this planet at this particular time in human history, I think we can safely say we’re all Keynesians by default.” – Brady Swenson @citizenbitcoin Today we read a great little piece on how our economic understandings have become so skewed,…

“The Lightning Network is best known for its fast and cheap payments. But the Layer 2 protocol could also offer more privacy than on-chain payments […] the developer thinks that “self-payments” could be an important part of the privacy puzzle.”  – Aaron Van Wirdum Despite its focus on payments and scaling the Bitcoin system, Lightning…

“Not everyone understands what a pyramid scheme actually is, what the warning signs may be, or why such schemes always fail […] The distinctions should be glaringly obvious, but because bitcoin is complex and the very idea of money is not well understood, it can easily be confused.” – Parker Lewis Today we are diving…