Bitcoin Is More About Living on Your Own Terms Than Simply About Money
"Bitcoin’s contributions to our lives far outweigh the money."
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"Bitcoin’s contributions to our lives far outweigh the money."
"You can think of a cryptocurrency transaction much like a paper check."
"Meet Whit Diffie, the man who invented public key cryptography and brought encryption to the masses"
"Hint: this number is not the price of Bitcoin."
"But what if I told you that, in the event of a mass internet outage, there’s a good chance that Bitcoin would survive? That chance is real and growing thanks to the promise of mesh networks."
"One of the definitions of an oracle is “A person or thing regarded as an infallible authority or guide on something.”"
"As the government becomes more authoritarian, those who speak truth to power are being punished more harshly. Bitcoin as a technology of dissent provides alternative forms of resistance that are much more peaceful and joyous. It offers an avenue for people around the world to express their opposition against their government without directly confronting with power; instead it is simply creating a new world that makes the old system obsolete."
"Off-Chain Asset Tokenization is Inherently Trusted. Does it Need to Be That Way?"
"When it comes to bitcoin adoption, there are generally two rules that never seem to fail. Everyone always feels late, and everyone always wishes they had bought more bitcoin. There are exceptions to every rule, but bitcoin has an uncanny ability to screw with the human psyche."
"Over the past ten years, there have been over 3.1 billion blockchain transactions in total. Significantly, we crossed the 1 billion aggregate transactions per year threshold in 2019. In fact, more than 37% (>1.1 billion) of all blockchain transactions in history occurred in 2019."
"I have argued in the past that the difficulty of changing the rules is one of the most important properties of Bitcoin. Without this security, which is in large part a consequence of decentralization, Bitcoin cannot function as a store of value."