The Blockchain is Exhaust
Is the blockchain a critical tool that creates the power behind Bitcoin, or is it a wasteful and unavoidable byproduct, an exhaust, of the system that secures the most sound money in the world?
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Another Step Towards a P2P Lightning Economy
“If you ask me how much trust is right for the Lightning economy, the answer will always be.” – Roy Sheinfeld
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Bitcoin Cannot be Banned
“By design, Bitcoin exists beyond governments. […] The architecture of bitcoin is practically purpose-built to resist and immunize any attempts by governments to ban it.” – @parkeralewis
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How Decentralization Dies
“Decentralization has […] been a vessel for achieving a concession from a centralized body it is protesting. Every decentralization play has followed a simple pattern: protest a market inefficiency, win that protest via a major concession, and then disappear back to fringes of society.” – Brandon Arvanaghi
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Why Proof of Reserves is Important to Bitcoin
“The technology to provide auditability and transparency for bitcoin held in custody has been inherent to the protocol from its inception. However, the industry has been slow to incorporate”
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We’re All Default Keynesians Now
“Unless you began your Austrian economic education at birth in some unknown Austrian paradise, on this planet at this particular time in human history, I think we can safely say we’re all Keynesians by default.” – Brady Swenson
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Paying Yourself for Privacy on Lightning?
“The Lightning Network is best known for its fast and cheap payments. But the Layer 2 protocol could also offer more privacy than on-chain payments […] the developer thinks that “self-payments” could be an important part of the privacy puzzle.” – Aaron Van Wirdum
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Bitcoin is Not a Pyramid Scheme
“Not everyone understands what a pyramid scheme actually is, what the warning signs may be, or why such schemes always fail […] The distinctions should be glaringly obvious, but because bitcoin is complex and the very idea of money is not well understood, it can easily be confused.” – Parker Lewis
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Of Course You Can Own Bitcoins
Can you really own Bitcoins? Or do you merely have possession of keys that grant a high probability of exclusive control?
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The Rise of SIM Swapping
“For the better part of the last decade, the combination of these two practices has given rise to an increasing number of SIM swap attacks ending in the theft of bitcoin and other cryptocurrencies.” – David Hollerith
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