What if, sitting in the middle of a chaotic monetary environment, increasing capital controls, balkanizing political regimes, a failing petrodollar hegemony, collapsing institutional trust, increased
I promised, and it’s finally here. It’s time to get a little perspective, with the price at all time lows, exchanges and lending platforms imploding,
“Coding, mining, infrastructure, and markets are all independent, happening in competing jurisdictions and geopolitical rivals, often done by anonymous or pseudonymous actors, all with different
“Base money is a liability of the central bank, and it’s used as a reserve asset by commercial banks. Broad money is the liability of
With the markets in chaos, with services halting withdraws, & Everyone’s a Scammer” by Michael Goldstein, is one of those works. Another piece that stood
“Bitcoin is a lifeboat on the sinking fiat ship. Lifeboats on a sinking ship don’t need a marketing department.” – Francis P.
As New York
“The reverse of that process – a so-called “death spiral” – was inevitable. Any time the immeasurably over-levered global fiat monetary system, for whatever reason,
This episode is partly a follow up from Read_628 on reviving a promising renewable energy technology. Partly a discussion of the incredible economic subsidy that
“A typical Bitcoin mining operation will spend considerable amounts of time, energy and money cooling their ASIC miners with air conditioning or liquid immersion cooling,
“Coming off the Bitcoin 2022 conference, you might feel a little down from the high of meeting and spending time with Bitcoiners. I’ve also found
“When I thought about what is the defining difference between the Bitcoin maximalists and my yuppie elite friends, the surface level distinctions that popped out
“Several exchanges in the industry fuel bubbles for a quick buck as well. If something starts to get momentum, including meme coins like DOGE or
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