Investing in Bitcoin

This is an old article by Su Zhu and Hasu that I just stumbled across again. It’s a quick read and a good, high-level reminder (or primer) of why financial, geopolitical, and technological trends are in Bitcoin’s favor.

Bitcoin is a new financial network with a token (also called bitcoin but with a lowercase ‘b’) that is currently in its monetization phase.

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Bitcoin is not Backed by Nothing

Here is the latest drop in the Gradually, Then Suddenly blog posts by Parker Lewis. This piece rebuts the common derision of nocoiners and others who do not understand Bitcoin, nor money, that “Bitcoin isn’t backed by anything.”

I have usually answered this critique with the response that Bitcoin is backed by the fundamental commodity of the universe, energy.… Read more

Pax Bitcoiniana: After The Last Country on Earth

Here is an interesting article by a Mr. Felipe Pereira that examines how Bitcoin is disruptive to nation states’ power and how this might play out in the future.

Bitcoin’s politically disruptive nature follows from the idea that individual sovereignty is based on the dynamic between the cost to defend private property and the return on violence.… Read more

Announcing Olympus: Lightning-enabled fiat ramps by Zap

My buddy Nico (@r0ckstardev) recently joined Zap Lightning Wallet as a full-time developer. He has been telling me they were working on something big, but was cagey with the details. Now we learn what they have been up to: Olympus, a bitcoin/fiat on- and off-ramp service over the lightning network.… Read more