Bitcoin Magazine

Lies, Deception, & Unnatural Money

“Money printing only “works” if the majority of people don’t even realize that it is steadily devaluing their earnings and savings. People must be deceived into believing a false ideology about this practice, but that can only work for so long; as we’ve seen throughout history, bad money doesn’t last forever.” – Nik Hoffman

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The Great Plague of Shitcoinery

“Battles in the money market aren’t about incremental technology features, but fundamental monetary properties. Bitcoin is a pragmatic monetary evolution, which contrasts with shitcoin issuers misrepresenting a delusional technology revolution.” – Thibaud Marechal

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DLCs are on Bitcoin! New Functionality & Potential

“DLCs are uniquely positioned to bring smart contracting to Bitcoin using oracle contracts that are much more private and scalable than previously thought possible.” – Ben Carmen

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Genesis Files: Hal’s Quest for Digital Cash

“Most Cypherpunk veterans on the Cryptography mailing list had by then seen one too many electronic cash experiments come and go, without any real successes to account for…”

“But Hal Finney, ever the optimist, wasn’t ready to give up.” – Aaron Van Wirdum

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A Monetary Layer for the Internet

“The project was initially understood as yet another doomed attempt to construct a digital currency by the disillusioned cypherpunk community. And without anyone’s permission, Bitcoin slowly emerged and diligently grew to become adopted by a small group of computer researchers, cryptographers and engineers curious to decipher the technology.” – Thibaud Marechal

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Discovering Bitcoin Part 7 – Missing Pieces

“As we conclude our “Discovering Bitcoin” series, we will build on the use of digital signatures and of the CoinJoin paradigm to explore concepts of unique chronology, mining fees and off-chain transactions.” – Giacomo Zucco

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Discovering Bitcoin Part 6 – Digital Contracts

“In Part 6 of this “Discovering Bitcoin” series, we will build on the idea of using digital puzzles as a way to reproduce scarcity, and on the importance of a supply-control mechanism to grant some hardness to digital money, to explore concepts of proving ownership through signatures and scripts, and the technique known as CoinJoin.” – Giacomo Zucco

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Masters & Slaves of Money – By Robert Breedlove [full]

“Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time and inflict wealth inequality. History shows us that the corruption of monetary systems leads to moral decay, social collapse, and slavery. As the temptation to manipulate money has always proven to be too strong for mankind to resist, the only antidote for this poison is an incorruptible money — Bitcoin.”

Robert Breedlove

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Discovering Bitcoin Part 5 – Digital Scarcity

Continuing the excellent series of Discovering Bitcoin, moving into the digital age, we have lost the most fundamental element of our money, it’s “hardness.” By what means can we get it back? Can we make a scarce money in the digital world, that has no authority, no ruler? Can we restore the freedom of decentralized money? Find out about the brilliant use of difficult puzzles, to achieve digital hardness, in part #5 of Giacomo’s excellent series, “Digital Scarcity.”

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Discovering Bitcoin Part 4 – A Wrong Turn & A New Plan

“While it was pretty difficult for him to take over the very decentralized process of people exchanging gold nuggets, there are now a few big, public, trusted, vulnerable entities he can easily seize control of.” – Giacomo Zucco

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