"While Bitcoin today showcases a vast body of anecdotal evidence which argues its utility or potential future utility, due to the pseudonymous nature of the blockchain as well as other factors, it is still hard to come across aggregate data which shows this behavior occurring on a consistent and measurable scale."
Links to the best articles, videos and podcasts about Bitcoin.
"I write this article because I’m sick of being confronted by people, even others in crypto, about crypto allegedly being an environmental disaster. It isn’t. That is an egregious lie."
"The miners’ job is to secure the network. They do so by finding proof of work. Having 51% of the network hash power gives a single miner the ability to attack the network. That, however, is not the same as controlling the network."
"In the fiat wasteland soil of the financial crisis of 2008, a wise Japanese TreeMaker named Nakamoto planted an ingenious seed. A new tree was born, and He called the root: Bitcoin. He predicted that the tree would grow the money of the future. He believed that new strong trees would rise from the seeds of the flowers."
"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."
"Ten years ago, Satoshi Nakamoto mined the Genesis Block of bitcoin. A few days later, he released the source code and other cypherpunks began extending the chain through proof-of-work mining."
"In this essay I’m going to explore the similarities between fungi and bitcoin in 3 parts, each representing a different stage in the life cycle of common fungi."
"In this article, we’re going to explore bitcoin as a social phenomenon through the lens of the mysterious mushroom."
"This first is part ‘TL;DR’; part commentary on recent events; and part in-depth explanation of terms, methodology and the concept of Bitcoin creation costs."
“Ownership” is more than mere control; it is a legal concept and law is a local phenomenon. Accordingly, when you ask yourself whether and how something is owned, it’s generally a safe assumption to begin, in the first instance, by looking at the governing law of the asset and asking what that governing law says.'
"Real estate is being tokenized. Property owners can issue blockchain-based tokens, which represent shares in an asset. Investors can buy such tokens and become fractional owners of the underlying asset. They then participate in the asset's appreciation and cash flows."
"But that’s not how bitcoin works, thanks to one of the many strokes of genius baked into its fundamental design: difficulty adjustment. The bottom-line explanation of difficulty adjustment is that every time a mining rig is shut down, the bitcoin protocol increases the incentive for other miners to stay online. It’s as if every time a Sears shut down, all the remaining stores became more profitable."
"So, you’ve decided to learn about cryptocurrency. Well done! Prepare to journey down the rabbit hole and discover the potential of this truly amazing technology. With time you will begin to understand the intricacies of consensus mechanisms, blockchain types, side chains, plasma chains, valuation methods and more. However, for today, lets just focus on understanding the difference between a coin and a token and analyse the different types of available tokens in the market."
"Vaults storing bitcoin private keys have been around for years, but Fidelity recently set an asset management industry precedent that will redefine bitcoin’s custodial infrastructure landscape."
"Cryptocurrencies lack leaders — they have no single source of truth. Philosophically, this can get complicated."
"A new study predicts that a sharp increase in energy-hungry Bitcoin use will cause a surge in emissions of greenhouse gases, potentially dooming the world to an amount of global warming that would exceed the targets set under the Paris Climate Agreement."
"If you listen to some fervent bitcoin advocates you might hear some pretty utopian thinking. Bitcoin will end the banking industry. Bitcoin will stop wars. Bitcoin will end governments. In this post I examine utopian thinking versus likely realities."