Bitcoin is ultimately just a piece of software, the network – the global, censorship resistant, immutable system – is ultimately just a collection of millions of people individually confirming...

“The question that the fiat system answers is the following: who is allowed to counterfeit currency, and how much? Further, who is allowed to have access to money, and...

“The financial system in the United States, and for most of the rest of the world for that matter, can basically be thought of as an Excel spreadsheet managed...

I joined John today for an over 2 hour rip on the nature of Bitcoin, numerous technical developments, the trade offs of those in the past, the consequences of...

There is no magic wand. There is no such thing as a free lunch. When we bail out an institution, a bank, or “depositors” for billions of dollars, someone...

“One aspect that is still massively under-utilized is the programmability of Bitcoin. While simple things like scheduled payments and automated payment splits do exist, we are undoubtedly still trapped...

“One immediate lesson many drew from this event was a reconsideration of the risk of fiat liabilities in an environment where trust is lacking (including the trust not to...

“The 20th century was the first where technology enabled forms of violent state competition, as well as peaceful globalization, across the full scale of the Earth. Moreover, the same...

“Lightning is the way to make bitcoin the universal mainstream currency it was designed to be. This is how we’re going to bring open financial services to everyone. And...