If You Only Read One Thing Before Buying Bitcoin…
“By buying Bitcoin, you are not making a mistake. But if you buy Bitcoin and stop there after your first purchase, you’re making a mistake.” – Sylvain Saurel
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Discovering Bitcoin Part 2 – About People
“it clearly involves moral, political and ethical aspects, like the importance of privacy as a human right. I will use the term “darkness” to address this attribute.” – Giacomo Zucco
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Discovering Bitcoin – From Cavemen to Lightning, Into & Part 1 – About Time
“In order to be useful for this kind of process, a good must possess a good “hardness”: Any unit of said good should not significantly lose its ability to provide utility if stored over some period of time.” – Giacomo Zucco
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Lightning as a Retail Payment System
“Privacy is at the root of Lightning which is a requirement for a retail payment network to succeed. It builds on Bitcoin which does not optimize for privacy⁵ but transparency and robustness.” – Nicolas Burtey & Chris Hunter
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BIP 9, 8, or MSFA, How Bitcoin Could Upgrade Next
:This risk is probably best countered by offering enough time to upgrade. Unfortunately, not everyone agrees on how much time is enough; some think forced signaling could start within a year, others believe it should take several years.” – Aaron Van Wirdum
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Twitter Hack & The Need for a User-Owned Internet
“Trusted third parties are security holes” isn’t just a slogan; it’s a concept that millions of people will have intuitively grasped for the first time yesterday.” – Nic Carter
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Bitcoin, More Than An Inflation Hedge
“Bitcoin’s capped supply is one of its most well-known features, and it is regularly cited as a hedge against inflation caused by government money printing.
Most people don’t know that Bitcoin has another attribute that acts as a hedge against a far larger risk.” – Nick Neuman
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On Schelling Points, Network Effects, & Lind
” This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the technology.” – Willem Van Den Bergh
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The Root of Money?
“Rearden heard Bertram Scudder, outside the group, say to a girl who made some sound of indignation, “Don’t let him disturb you. You know, money is the root of all evil – and he’s the typical product of money.”
Rearden did not think that Francisco could have heard it, but he saw Francisco turning to them with a gravely courteous smile…” – Ayn Rand
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