Browsing: Opinion

Comparing Bitcoin to barbed wire from Timothy May’s “Crypto Anarchist Manifesto” can give insight into the gravity of this seemingly abstract invention. (Source) Some of Bitcoin’s properties sound abstract. Properties like digital ownership, censorship resistance, decentralization and more. But the deeper you dig into the Bitcoin rabbit hole, the more you realize that Satoshi Nakamoto…

Many of the failings we see in society today are a result of the values of fiat money being absorbed.When going through basic training for the Army, the cadre of drill sergeants and general leadership make it a point to effectively engrain values that I would argue are paramount to any (and all) mature adults…

Bitcoin’s finite supply poses challenges to big banks’ traditional tactics of price manipulation.Part One: But This Is How We’ve Always Done Things …There is a great story floating around the web about a married couple and a ham (full story). In brief, the wife is preparing a ham for dinner and in doing so, cuts…

How Bitcoiners can use time, price expectation and supply at a loss to explore great entry opportunities.Acknowledgment: Derek Pennings came up with “The Entry Indicator.” I helped him with putting the thought process in writing. You can find him on Twitter @PenningsDerek.Not AgainIt happened. Again. Price dropped more than 50% from its all-time high. During…

With the rise of Bitcoin’s network effects comes the equivalent demise in legacy finance’s network effects.Bitcoin’s price and ecosystem benefit from network effects.As more users join, demand pressure increases the price of bitcoin, which in turn attracts more buyers in a self-reinforcing cycle. Similarly, user growth creates a larger market with more liquidity, incentivizing businesses…