6 / 7 Relevant items tagged with #Takes

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The Whitepaper: The Simplest Ideas Are The Most Profound

[Oct 31, 2024 5:14 PM] It has now been sixteen years since the original publication of the Bitcoin whitepaper on the cryptography mailing list. Satoshi went and dropped the paper in the place it would be best received, where all of the cypherpunks and cryptography nerds…

No, Today Is Not Bitcoin’s Birthday

[Oct 31, 2024 10:26 AM] Follow Aaron on Nostr or X. Some things in Bitcoin are just not up for debate.The plural of bitcoin is also bitcoin— not bitcoins. (One bitcoin, two bitcoin, three bitcoin…) Bits is a better sub-denomination than sats. (100 sats is actually one…

Bitcoin Is Having Its Best Year Ever

[Oct 30, 2024 10:18 AM] I know, it’s a big statement, but really, the more I think about it, the more I’m convinced – looking back, 2024 will be remembered as the defining year for Bitcoin, the year Bitcoin transformed from magic internet money into a real institutional…

Trump's Momentum Is Too Big To Rig, The Bitcoin Candidate Will Win

[Oct 28, 2024 6:14 PM] Follow Nikolaus On X Here I joined over millions of live viewers online in watching the Donald Trump rally at Madison Square Garden last night, and as someone who attended the Republican National Convention over the summer, I was blown away by how…

Money Electric: Being Distracted By Nonsense

[Oct 28, 2024 6:07 PM] Follow Aaron on Nostr or X. This weekend I finally got around to watching Money Electric, the HBO documentary that “reveals” Bitcoin Core contributor Peter Todd as the true identity behind Satoshi Nakamoto. It’s three weeks old by now and already…

What Ark Could Potentially Learn From Lightning

[Oct 28, 2024 4:55 PM] Ark is the third major Layer 2 protocol with some form of unilateral exit or enforcement mechanism on the base layer to approach the point of launching on Bitcoin. Lightning came first when C-Lightning went live in the Reckless campaign in 2018…

Satoshi Nakamoto Statue In Lugano Is Inspiring

[Oct 25, 2024 6:26 PM] Today, the city of Lugano in Switzerland unveiled an incredible statue honouring Satoshi Nakamoto, Bitcoin's anonymous founder. I found this tribute incredibly inspiring and beautiful.The statue was revealed at Lugano's Plan B conference, turning…

Does Jack Dorsey Influence Bitcoin?

[Oct 24, 2024 1:01 PM] Follow Vivek on X. I recently stumbled upon a fantastic report from 1A1z on "Funding Bitcoin." I was surprised to learn that Jack Dorsey funds over 60% of Bitcoin Core's development via different organizations: over $5 million annually, out of a…

Bitcoin Is No Fait Accompli

[Oct 23, 2024 8:39 AM] Follow Aaron on Nostr or X. Perhaps the biggest cultural shift in my eleven years in Bitcoin has been the transition from tinkering techies emphasizing “don’t invest more than you are willing to lose”, to the Michael Saylors of this world telling…

Bitcoin Yield On Dollars? Yes, Please.

[Oct 22, 2024 3:19 PM] Follow Frank on X. This morning, River announced its Bitcoin Interest on Cash feature through which it will offer a 3.8% interest rate — paid out in bitcoin — on the dollars you leave in the custody of the platform, which is FDIC insured up to…

World's Largest Prediction Market Polymarket Is Trump Biased

[Oct 22, 2024 2:35 PM] Seeing Bitcoin's price rally as Donald Trump takes the lead on the world’s largest prediction market, Polymarket, made me do some research on what Polymarket is and who uses it. And now I have to say — I believe that Polymarket leans pro-Trump. We…

Upside Down World: Spooks are Heroes, Heroes are Spooks

[Oct 21, 2024 4:45 PM] This space is suffering from a problem of inverted perceptions. What makes Bitcoin valuable in the first place is its decentralized nature. The fact that it is a distributed system, with no central point of control, no central point of influence…

What The ECB Gets Wrong About Bitcoin

[Oct 21, 2024 4:37 PM] Follow Frank on X. Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank (ECB) published a paper entitled “The distributional consequences of Bitcoin” in which they made a host of dubious claims about Bitcoin.The notions that…

El Salvador Survey Shows Bitcoin’s Lindy Effect in Action

[Oct 18, 2024 6:50 PM] Follow Nikolaus On X Here El Salvador’s misguided critics got some new ammunition this week. A recent survey revealed just 7.5% of Salvadorans use Bitcoin for transactions, and that 92% of Salvadorans do not. But while some (cue: Steve Hanke) may…

Bitcoin Model T: Perfection Doesn't Need Improvement

[Oct 18, 2024 4:25 PM] The Ford Model T has been invented, the automobile has arrived and nothing else must be done! A hand crank start motor, rear wheel drive only, wooden wheels, and transmission based braking system with no wheel brakes. Why would anyone need anything…

The Bitcoin Mempool Drama Was All Too Predictable

[Oct 18, 2024 11:28 AM] So mempool.space recently added features to spot Runes and Ordinals transactions, and Bitcoin monetary maximalists totally lost it. As a Bitcoiner and observer of Bitcoin culture, this whole drama felt completely normal and predictable.Over time…

To Succeed Bitcoin Needs Something New, Not More of the Same

[Oct 17, 2024 4:34 PM] Too much of this space, and things being built around it, is centered around essentially mimicking the legacy financial system. There is not much being built trying to blaze new grounds. Micropayments, while admittedly something I’ve been very…

Elizabeth Warren Proves Democrats Are Still Against Bitcoin

[Oct 16, 2024 7:24 PM] Follow Nikolaus On X Here If you were tuned into the Massachusetts Senate debate last night, you would have noticed a key exchange between pro-Bitcoin candidate John Deaton and his rival Elizabeth Warren, leader of Washington D.C.’s “anti-crypto…

CORVA: Bitcoin Can Reduce Racism

[Oct 15, 2024 4:00 PM] Follow Frank on X. At face value, the statement “Bitcoin can reduce racism” seems silly, if not downright offensive to those who have been the victims of racism. And it presupposes that an open-source protocol, which is completely indifferent to…

I Just Entered the Bitcoin Mining Lottery: NIKOLAUS

[Oct 8, 2024 7:49 PM] Follow Nikolaus On X Here When I first came onto the Bitcoin scene in 2017, I had changed my Twitter (now X) handle to “@nikcantmine.” (It was a joke I thought was funny at the time since I didn’t have the resources to mine BTC in high school.) But

SHINOBI: Stop Demonizing Developers Over Nonsense

[Oct 8, 2024 1:00 PM] Recently a big snafu was made about changes to the BIP 85 repository. For those not familiar with the BIP, it's a very simple scheme to allow generating new word seeds from a derivation path in a pre-existing word seed that you have. The logic of…