“It is axiomatic that printing money (or creating digital dollars) does nothing to generate economic activity; it only shifts the balance of powers as to who allocates the money and prices risk. It strips power from the people and centralizes it to the government.” – Parker Lewis
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“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold.” – Alan Greenspan
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“In other words, Bitcoin already has little monetary inflation, which will drop even further.” – Dominik Stroukal
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“Encryption reduces the cost of protection and decreases the leverage of violence at scale. This leads to the rise of dissident technology.” – Phil Bonello
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Full nodes without even needing the internet? That’s right. A massive improvement to the decentralization & alternatives for securing Bitcoin validation infrastructure just dropped from the team at Blockstream.
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“The world’s national currencies will offer Bitcoin only a sputtering resistance — more in word than deed — and they’ll dwindle into irrelevance as their defenders fail to defend, their battlements go unmanned, and the central banks’ centers will not hold.” – Jesse Lawler
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“Early alchemy was concerned with purifying and perfecting certain materials, such as transmuting base metals like lead into noble metals like gold, creating an elixir of immortality, or creating panaceas to cure any disease.” – Meltem Demirors
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“It’s going to be really interesting to replicate some of the token-based authentication schemes that we already have with centralized providers but do it with self-sovereign identity, which is pseudonymous and which is persistent across the network.” – Chris Dannen
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“authority, not truth makes legitimacy… it is truth, not authority that makes legitimacy with Bitcoin.” – Erik Cason
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“VCs are a group of people demonized in the Bitcoin industry for not understanding Bitcoin’s value proposition. Well, how do you expect a VC to value Bitcoin if they’re only used to valuing startups?” – Hass McCook
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