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Coindesk & Jake Chervinsky on the Bitcoin ETFs

Today we have a dual QuikRead with Nikhilesh De’s Coindesk article regarding the Direxion ETF and the SEC’s decision to postpone until September. Plus Jake Chervinsky’s comments and clarification on SEC processes in his informative Twitter thread. Listen for more details!

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Announcing Bitcoin OpTech

“We’re as excited about Lightning, Schnorr signatures, Taproot/Graftroot and scriptless scripts as any other Bitcoin engineers, but the project’s focus is on technology that can be deployed by companies today.” – @bitcoinoptech

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Schnorr Poised to Become Bitcoin’s Biggest Change Since SegWit

Thanks to the incredible work by Pieter Wuille (@pwuille) and others, #Schnorr signature scheme has an official proposal. Despite still much work and testing to be done, schnorr is poised to grant #Bitcoin a plethora of amazing improvements.

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The Dawn of Trustworthy Computing

“It’s actually the protocol (Nakamoto consensus, which is highly distributed) combined with strong cryptography, rather than just decentralization per se, that is the source of the far higher reliability and and much lower vulnerability of block chains.” – @NickSzabo4

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Wasabi Privacy Focused Bitcoin Wallet

“We are soon going to be able to use Bitcoin in an end-to-end, fully anonymous way.” – @nopara73

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With Bit Gold, Nick Szabo Was Inches From Inventing Bitcoin

The 4th in the excellent Genesis Files Series from Aaron Van Wirdum (@AaronvanW) and Bitcoin Magazine (@BitcoinMagazine). Today we read about BitGold and How Nick Szabo (@NickSzabo4) was “Inches From Inventing Bitcoin.”

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Adversaries, Distributed Ledgers, and Decentralization

“Given an adversarial environment I don’t believe you can maintain secure decentralized consensus AND have timely confirmation between arbitrary parties AND scale up to a large number of nodes/transactions.” – @SarahJamieLewis

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The Bitcoin Risk Spectrum

“Bitcoin staked to Lightning is the most unique income producing asset in all of monetary history: income with zero counterparty risk. The historical implications of this on capital markets are tremendous.” – Nik Bhatia

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Bitcoin Governance

“Compromising on trustlessness could help the Bitcoin price find a local maximum, at the expense of finding a much higher global maximum.” – Pierre Rochard

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If Bitcoin Had a First Draft, Wei Dai’s B-Money Was It

“Dai would become best known for an idea he casually announced in November 1998… ‘I hope this is a step toward making crypto-anarchy a practical as well as theoretical possibility.’ He called his proposal B-Money.” – Aaron Van Wirdum

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