Banking old wine in new bottles
Many industries are trying to find ways to turn Bitcoin into something else. They want to make digital gold, but Bitcoin isn’t digital gold.
Many industries are trying to find ways to turn Bitcoin into something else. They want to make digital gold, but Bitcoin isn’t digital gold.
The false belief of the BTC community hold lies in thinking that if you mix the inputs, the now “untraceable outputs” will no longer be seized or be outside the area law enforcement can cover.
Blockchain enthusiasts use to tell the world to HODL every time the price of digital assets dropped or plummeted, but now, it seems like the HODL strategy has been retired.
Bitcoin is awesome, but the BSV community needs to transition into being communities around real consumable digital products that have their own culture outside of the prerequisite of being really interested in magic internet money.
As in the Wizard of Oz, BTC developers are committing a global fraud by pretending to have no control of the network where, in fact, they are manipulating a global financial system for their benefit.
In this article, author Dr. Craig Wright highlights the current crisis of the Republic of Mozambique after it gained political independence from Portugal on June 25, 1975.
Open societies oppose the magical or tribal collectivity and collectivism in a system of individualism that confronts the citizens with personalized decisions and choices.
The control of the Bitcoin network is distributed between the developers of the network creating the code and the enforcement through the nodes.
The purpose of this article is not to debunk Jameson Lopp’s claims and “research” but to question why these attempts and slandering BSV continue, Joshua Henslee writes.
The profitability calculation that every miner must go through is complex, and one must think about their economic costs, access to liquidity, as well as access to insider knowledge.
The Bitcoin trilemma is a fallacy that is based on wrong anarchy concepts, a lack of understanding of the economic nature of Bitcoin, and a misconception of what effective decentralization is.
Although some of these blockchain networks are technologically restrictive and economically unfeasible, they have enough wind in their sails to keep them going for many years into the future.
The proposition of NFTs in video games is being met with even more hostility as publishers and gamers view the concept as a further cash grab to continuously extort players.
Bitcoin mining under Proof-of-Work is less likely to result in a monopoly. On the other hand, Proof-of-Stake has natural gravitation toward forming a monopoly or a cartel.
The only conclusion that can be reasonably drawn from the PBD Podcast episode with Michael Saylor is that he is either being deliberately deceptive or has failed to grasp even the basics of Bitcoin.
There are the important things that we really need to be asking to take the next big steps up. There are technical things, cultural things and economic circumstances. Some, we can control. Others, we can influence.
The “crypto bros” self-serving response to Russia’s war on Ukraine is providing all the ammunition regulators need to bring the hammer down on their laser-eyed heads.
Bitcoin users have begun to notice connections between some major projects and financial organizations like the World Economic Forum, these connections are real, but it's only scratching the surface.
In this article, author Zeming Gao identifies and explains the common misunderstanding about Bitcoin and blockchain and how the technology involves a lot of concepts that are not easy to grasp.
By employing IPv6 and integrating that with bitcoin addresses and transactions, we enable the securing of the Internet, and its vulnerabilities would no longer be a concern.