“I believe Bitcoiners have this in common. They recognize that they have undertaken a near-hopeless task. Creating a global, neutral, apolitical settlement medium and standard of value will not happen overnight. We have barely begun the project.” – Nic Carter
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We may have just seen the beginnings of central banks entering the Bitcoin game theory. The game is about to get real.
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“Individuals can opt-out of their local currency by joining the Bitcoin life raft. Protect purchasing power, rather than go down with the sinking ship that is their state.” – Brandon Quittem
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“If your local energy cost is effectively zero but you cannot sell your energy anywhere, the existence of a global buyer for energy is a godsend.” – Nic Carter
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“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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“It had a big impact on May, who melded the “Other Plane” with “Galt’s Gulch” from Ayn Rand’s Atlas Shrugged, which was a safe haven for rational and productive people protected from government coercion and taxation by an invisible shield. Instead of the Colorado mountains, May’s cyberspace Galt’s Gulch would exist on the internet, with cryptography providing protective cover.” – Jim Epstein
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Bitcoin and the cryptographic systems that empower it, are not merely another new tech to make use of. They are a fundamental shift in the ability to defend value from organized violence. The impact on the world will be impossible to measure. We go deep down the rabbit hole in this excellent chat with Erik Cason, author of the cryptosovereignty.org blog.
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“When compared to gold, real estate, stocks, bonds or “fine art” that act as stores of value for many individuals, bitcoin that is held in a multisig wallet is an obvious step-function improvement in many regards.” – Marty Bent
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Breez wallet makes some major announcements today with their first release candidate of the wallet into the wild. Bringing the dream of a fully non-custodial, user-friendly, super easy to use Lightning wallet for anyone coming into Bitcoin. So many new features to go over in this one and talking about the future of lightning and how we can close the UX hurdle. This is not to be missed. Follow Roy Sheinfeld and Breez on Twitter so you dont miss future announcements!
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A major step toward the next era of Bitcoin was made today. The code is final, and it is now in the Bitcoin codebase as of today. The next steps are an activation method, and a full client release for the network to begin the process of adding it to the global consensus.
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