Bitcoin is Common Sense
May 1, 2020
Contents
This article by Parker Lewis was first published in Unchained blog.
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Contents
This article by Parker Lewis was first published in Unchained blog.
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Contents
This article by Parker Lewis was first published in Unchained blog.
...
Contents
This article by Parker Lewis was first published in Unchained blog.
...
Contents
This article by Parker Lewis was first published in Unchained blog.
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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.
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:
...This article by Peter St. Onge was first published on Mises Institute website.
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.
...Understanding how the focal point of Bitcoin development operates.
This article by Jameson Lopp was published in his blog.
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. It’s certainly not obvious to a layman as to why that is the case, thus the goal of this article is to explain how Bitcoin Core operates and, at a higher level, how the Bitcoin protocol itself evolves.
...This essay by Gigi was published on dergigi.com website.
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:
It might not be obvious at first, but these questions and their respective areas - law, language, and money - are all related. They are related in general, but, more importantly, they are intimately related in the Gordian knot that is Bitcoin. Allow me, at least for a moment, to try to untangle this knot. Hopefully, without losing the thread that makes all of it hang together.
...How Bitcoin Thrives on the Edge between Order and Chaos
This article by Gigi was published on dergigi.com website.
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. Even if most of the world would grind to a halt, the Bitcoin network would continue to produce valid blocks every 10 minutes or so.
...This article by Trace Mayer was first published on WeUseCoins website.
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.
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