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21 Million is Non-Negotiable [Zach_of_Earth]

July 12, 2022 Guy Bitcoin, Fundamentals, Money 0 Comments

“Imposing limitations on monetary goods has always required tremendous amounts of time and energy, and trust. And yet, with all our efforts, we still have been unable to fix the supply of any of the modern monetary assets of the world. Someone, somewhere, has always found a way to increase the supply. Whether because of some emergency reason to protect the greater good, or out of sheer greed, or out of complete ignorance, humans have succeeded 100% of the time in debasing the monetary premiums of all goods in all of recorded human history.

And then, there was Bitcoin.” – Zach_of_Earth

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Guy’s Take #57 – Bitcoin Domino Theory

July 12, 2022 Guy Bitcoin, Development, Fundamentals, Guy's Take 0 Comments

What if, sitting in the middle of a chaotic monetary environment, increasing capital controls, balkanizing political regimes, a failing petrodollar hegemony, collapsing institutional trust, increased sanctions & weaponized infrastructure, & aggressive, widespread inflation… there sat a global, neutral, decentralized, robust, & incorruptible network to store and transfer value? What would it look like if that…

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Guy’s Take #56 – The Cascading Dominoes – Part 1

July 11, 2022 Guy Beginner, Bitcoin, Fundamentals 0 Comments

I promised, and it’s finally here. It’s time to get a little perspective, with the price at all time lows, exchanges and lending platforms imploding, a massive crypto deleveraging event, the Fed tightening, and the market heading into deep recession… HOW could you be bullish? Because I’m paying attention. It’s time to zoom out, focus our lens past all the noise, take a serious look at the past year in Bitcoin, to get a clearer picture of the cascading dominoes…

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Brady Swenson on Being an Informed Bitcoin Citizen

September 5, 2018 Guy Conversations, Philosophy 0 Comments

Hashing out all the major pain points, who to trust, building your filter, and where to start when it comes to learning everything about Bitcoin today! Don’t miss a fun chat with @CitizenBitcoin.

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Another Game Changer | Blockstream’s Liquid

May 17, 2018 Guy Uncategorized 0 Comments

Liquid is finally arriving! The sidechain that could be a game changer for scalability, custodial trust, exchange privacy, and overall speed and liquidity throughout the crypto industry.  Listen to the introduction from @Billfodl_Wallet written by its founder @Colin_Aulds! Dont forget to check out the full article and the awesome products at billfodl.com! https://billfodl.com/blogs/fodl-blog/gamechanger-blockstream-liquid

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7 Misunderstandings of Bitcoin’s Scaling Problem

November 2, 2017 Guy Fundamentals, Guy's Take 0 Comments

I did, for quite some time, fail to see the real scaling hurdle that faces Bitcoin. It was all about the blocksize and how many transactions we could get on-chain. Blocksize just jumps out at you, before anything else, as the obvious and most direct corollary to how much we can accomplish with the blockchain….

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Don’t Be Fooled, This is Bitcoin’s Greatest Moment

June 8, 2017 Guy Game theory, Guy's Take 0 Comments

I want you to do something for me. Take a minute, and go to your favorite block explorer, and watch the transactions roll in. As I write this, Bitcoin is running with a little over 200,000 unconfirmed transactions. We have been told over and over that this is a requiem for Bitcoin. That high fees…

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Litecoin’s Savior: …Centralization?

April 28, 2017 Guy Shitcoins 0 Comments

The recent Litecoin Roundtable decision has released a flurry of excitement as well as the oft-heard claim of “Centralization!” At a cursory glance it sort of appears that way. We see a small group of influential players in the crypto space, gather together to “decide” what Litecoin is going to do. The outcome of which, I…

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Bitcoin is valued for Fast and Cheap Payments

April 7, 2017 Guy Fundamentals, Guy's Take 0 Comments

This is an oft heard statement that while true, we must consider to what degree. I have shilled for Bitcoin to many people with the focus on cheap and nearly instant payments in the past. It is an excellent selling point for someone who is ignorant of the technological breakthrough and indifferent to the revolutionary political…

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The Barely Discussed, Incredible Benefit of the Lightning Network

February 23, 2017 Guy Lightning 0 Comments

When browsing discussions of the Lightning Network, I find the context is almost universally under the context of scaling. Clearly LN (the lightning network) is an amazing solution to the Everest sized problem of exponential scaling. While some focus on scaling as a linear problem, in need of a rather immediate linear solution, LN is…

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