2 / 2 Relevant items tagged with #Takes

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What The ECB Gets Wrong About Bitcoin

[Oct 21 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 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 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 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 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 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 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 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 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…

A Trump Presidency Is The Best Outcome For Bitcoin: NIKOLAUS

[Oct 7 6:42 PM] Follow Nikolaus On X Here The other week, I made my opinion clear that I believe Donald Trump is the best candidate for Bitcoin in the upcoming 2024 presidential election. Aaron responded, and after reading it, I feel he’s still missing the bigger…

Uncle Jack’s Chili is Good for Bitcoin

[Oct 5 12:26 PM] Follow Tommy on X. This interview on the Danny Jones Podcast episode 263 both felt like it was being channeled from my own brain while also hitting me with an overload of new information. It hit the spot, as someone who has long held the opinion…

CORVA: Want Greater Adoption Of Bitcoin? Use It To Fix Problems.

[Oct 5 12:18 AM] Follow Frank on X. Bitcoin will not become more widely adopted as a result of intellectual curiosity or because it’s theoretically the best form of money ever. Instead, people will begin to use it because it solves pressing problems in their…

Bitcoin Magazine Introduces New Short Form Opinion Format: Takes

[Oct 4 3:20 PM] Every author has their own voice.At Bitcoin Magazine, we've long been advocates of elevating the voices from the Bitcoin community. As the premier publisher of Bitcoin opinion content, we continually amplify the various perspectives from across the…

AARON: Trump Does Not Give A Damn About Bitcoin

[Oct 3 6:17 PM] In his take from this Monday, Nikolaus argued that Donald Trump is heavily pro-Bitcoin. I beg to differ.Yes, Trump is providing lip service to Bitcoiners, which is more than we can say of Kamala Harris. The fact that he spoke at the Bitcoin…

FRANK: We Are Bitcoin

[Oct 3 3:40 PM] Follow Frank on X. Last night, I had the distinct pleasure of having an in-depth conversation with Jeff Booth, who I often refer to as the Eckhart Tolle of Bitcoin.Booth, soft-spoken yet direct, harped on one point in particular in the…

Wall Street Isn't Bitcoin Only – More Crypto ETFs Are Coming

[Oct 3 2:39 PM] Nothing stops this train. No, I’m not talking about the Federal Reserve money printer, I’m talking about the string of ETF announcements from Wall Street and the related crypto firms servicing it this week.I’m talking about today’s hybrid…

VIVEK: Bitcoin Lightning Payments Has a Long Way To Go In India

[Oct 3 12:50 PM] As an Indian Bitcoiner returning home recently, I found myself using UPI digital payments repeatedly for everyday spending. UPI (Unified Payments Interface) is India's real-time bank-to-bank payment system that has become ubiquitous for making…

SHINOBI: OFF-CHAIN PROTOCOLS WILL ALWAYS BE A BALANCING ACT

[Oct 2 6:04 PM] Rene Pickhardt recently kicked off a thread discussing the differences between two party and multiparty (more than two participants) payment channels as it relates to his research work around payment reliability on the Lightning Network. He voices…