The original Bitcoin System is the primary key to spurring innovation, including providing the economic incentive needed to power up and sustain existing and future technologies.
The story of Bitcoin is a strange manifestation of the kind of wordplay seen between Alice and Humpty Dumpty, later more formally espoused in Wittgenstein’s concern over “language-games."
Many people ask why is BSV so cheap compared to BTC? Such questions are at the heart of the Efficient Market Hypothesis (EMH), a cornerstone of modern finance theory.
A better parable to connect real-world economics and blockchain is the Capitol Hill babysitting co-op, Neil Smith writes.
Online reviews, social media posts, and Twitter bios echo similar sentiments: the book is apparently revelatory and life-changing, putting people on The Bitcoin Standard pathway, initiating them into the HODL culture of BTC maximalism.
Today, the only function of BTC is to create a scarce digital asset representing ‘spurious riches’ that can be traded in high-value financial transactions: to breed money from money.
