bitcoin

Bitcoin is Common Sense

May 1, 2020
bitcoin, economics, gradually then suddenly, inflation

Contents ... Gradually, Then Suddenly: Intro Bitcoin Can’t Be Copied Bitcoin Is Not Too Volatile Bitcoin Does Not Waste Energy Bitcoin is Not Too Slow Bitcoin Fixes This Bitcoin, Not Blockchain Bitcoin is Not Backed by Nothing Bitcoin is Not a Pyramid Scheme Bitcoin Cannot be Banned Bitcoin is Not for Criminals Bitcoin Obsoletes All Other Money Bitcoin is a Rally Cry Bitcoin is Common Sense Bitcoin is Antifragile Bitcoin is One for All Bitcoin is the Great Definancialization This article by Parker Lewis was first published in Unchained blog. ...

Bitcoin is Antifragile

June 12, 2020
bitcoin, economics, gradually then suddenly

Contents ... Gradually, Then Suddenly: Intro Bitcoin Can’t Be Copied Bitcoin Is Not Too Volatile Bitcoin Does Not Waste Energy Bitcoin is Not Too Slow Bitcoin Fixes This Bitcoin, Not Blockchain Bitcoin is Not Backed by Nothing Bitcoin is Not a Pyramid Scheme Bitcoin Cannot be Banned Bitcoin is Not for Criminals Bitcoin Obsoletes All Other Money Bitcoin is a Rally Cry Bitcoin is Common Sense Bitcoin is Antifragile Bitcoin is One for All Bitcoin is the Great Definancialization This article by Parker Lewis was first published in Unchained blog. ...

Bitcoin is One for All

August 27, 2020
bitcoin, economics, gradually then suddenly

Contents ... Gradually, Then Suddenly: Intro Bitcoin Can’t Be Copied Bitcoin Is Not Too Volatile Bitcoin Does Not Waste Energy Bitcoin is Not Too Slow Bitcoin Fixes This Bitcoin, Not Blockchain Bitcoin is Not Backed by Nothing Bitcoin is Not a Pyramid Scheme Bitcoin Cannot be Banned Bitcoin is Not for Criminals Bitcoin Obsoletes All Other Money Bitcoin is a Rally Cry Bitcoin is Common Sense Bitcoin is Antifragile Bitcoin is One for All Bitcoin is the Great Definancialization This article by Parker Lewis was first published in Unchained blog. ...

Bitcoin is the Great Definancialization

December 23, 2020
bitcoin, economics, gradually then suddenly

Contents ... Gradually, Then Suddenly: Intro Bitcoin Can’t Be Copied Bitcoin Is Not Too Volatile Bitcoin Does Not Waste Energy Bitcoin is Not Too Slow Bitcoin Fixes This Bitcoin, Not Blockchain Bitcoin is Not Backed by Nothing Bitcoin is Not a Pyramid Scheme Bitcoin Cannot be Banned Bitcoin is Not for Criminals Bitcoin Obsoletes All Other Money Bitcoin is a Rally Cry Bitcoin is Common Sense Bitcoin is Antifragile Bitcoin is One for All Bitcoin is the Great Definancialization This article by Parker Lewis was first published in Unchained blog. ...

Why Bitcoin, Not Shitcoin

June 11, 2021
bitcoin, not shitcoin, proof-of-work, altcoin

Why bitcoin is not only the best investment of our time, and the only good “crypto,” but the only moral, economic and philosophically sound place to store your wealth. This article by Aleksandar Svetski was published in Bitcoin Magazine. Contribute. Hint: Beyond Bitcoin, it’s ALL shitcoin. I often get asked about “which crypto” is a good one to invest in. Of course, my answer is always bitcoin. Period. In this article I’d like to lay out the rationale from three angles: ...

Bitcoin Is Not Harmful For The Environment

April 12, 2021
bitcoin, environment, pow, proof-of-work

This article by Peter St. Onge was first published on Mises Institute website. Contribute. One popular critique of bitcoin is energy cost per transaction. This doesn’t begin to capture bitcoin’s massive energy savings compared to fiat currency. Bitcoin’s cost per transaction is well known, and often critiqued; one article in Wired magazine called bitcoin “[a] big middle finger to earth’s climate.” This is because bitcoin’s security, redundancy, and architecture are more energy intensive than traditional payments relying on a single point of failure. ...

Who Controls Bitcoin Core?

December 15, 2018
bitcoin, protocol, pow, proof-of-work

Understanding how the focal point of Bitcoin development operates. This article by Jameson Lopp was published in his blog. Contribute. if you’d prefer to consume this essay in audio format, you can listen to it here (narrated by Guy Swann of the Bitcoin Audible Podcast.) The question of who controls the ability to merge code changes into Bitcoin Core’s GitHub repository tends to come up on a recurring basis. This has been cited as a “central point of control” of the Bitcoin protocol by various parties over the years, but I argue that the question itself is a red herring that stems from an authoritarian perspective — this model does not apply to Bitcoin. ...

Inalienable Property Rights

April 3, 2022
bitcoin, money, freedom, proof-of-work

This essay by Gigi was published on dergigi.com website. Contribute. Video bitcoinized by RD ₿TC, based on an edit by Ampleforth. Original source: An interview with F.A. Hayek (1984) Law. Language. Money. The three paradigms of spontaneous and emergent order in society. Moral questions are at the root of it all: Who should be allowed to speak? Who should be allowed to publish? Who should be allowed to have property? ...

Bitcoin's Eternal Struggle

December 19, 2019
bitcoin, protocol, entropy, proof-of-work

How Bitcoin Thrives on the Edge between Order and Chaos This article by Gigi was published on dergigi.com website. Contribute. if you’d prefer to consume this essay in audio format, you can listen to it here (narrated by Guy Swann of the Bitcoin Audible Podcast.) Bitcoin works. No matter what other opinions you hold about this strange phenomenon, it undoubtedly works, marches on, or, as I (and others) have previously argued, is alive. ...

The Seven Network Effects of Bitcoin

June 29, 2015
bitcoin, network effect

This article by Trace Mayer was first published on WeUseCoins website. Contribute. The 7 network effects of Bitcoin are as follows: Speculation - As a novel, cryptographically-backed asset class with the potential for appreciation and high volatility, Bitcoin is perfect for speculators with a high tolerance for risk. HODL!!! Merchant Adoption - Merchants will increasingly accept Bitcoin because they can increase their profit margins by avoiding credit card fees and chargebacks. ...