Here’s a fantastic new series of articles that will help take you down the Bitcoin rabbit hole. These were written by Parker Lewis, a former hedge fund employee tasked with watching the Fed, and chronicle his revelations and conclusions that led him to Bitcoin.… Read more
Month: August 2019
So you’re new to Bitcoin?
When most people begin to learn about Bitcoin they are often befuddled. With good reason. Bitcoin is cross-disciplinary. To get a good grip on Bitcoin requires knowledge in a number of disparate fields: Computer Science, Programming, Cryptography, Mathematics, Distributed Systems, Economics, Finance, Complex Systems, even a dash of Game-Theory and Psychology.… Read more
Paradigm Shifts – Ray Dalio
“There is a tide in the affairs of men.
Which, taken at the flood, leads on to fortune;
Omitted, all the voyage of their life
Is bound in shallows and in miseries.
On such a full sea are we now afloat,
And we must take the current when it serves,
Or lose our ventures.”… Read more
Bitcoin Independence Day
Yesterday, August 1st 2019, was the second anniversary of Bitcoin Independence Day, in commemoration of when Bitcoin network node operators initiated a User-Activated Soft Fork (UASF) to enforce SegWit activation, against the will of a consortium of large Bitcoin miners and Bitcoin business leaders, ending a years long scaling debate.… Read more
Bitcoin Bites the Bullet – Nic Carter
Here’s an excellent article that should be read and grokked by all who have an interest in cryptocurrency. Nic Carter lays out the design decisions that went into creating Bitcoin, and the reasons Bitcoin implemented the more conservative trade off in each of those design decisions.… Read more