Bitcoin tends to move independently of other assets, making it an excellent potential source of diversification. Read the post on the Economist https://www.economist.com/finance-and-economics/2021/09/25/why-it-is-wise-to-add-bitcoin-to-an-investment-portfolio And then read this to learn how to buy bitcoin.
Saifedean Ammous shared his chapter on time preference: Time Preference, Chapter 13 of my forthcoming textbook, Principles of Economics, is now available for members of http://saifedean.com This is my most detailed discussion of time preference yet. Or you can watch this video if you don’t have the required patience yet:
Have you figured out why volatility is good for #bitcoin yet? Just picture all of the weakest of the herd getting shaken out of the trees at the same time new liquidity is being formed. Both happen up and down. Read why Bitcoin is not too volatile. https://unchained.com/blog/bitcoin-is-not-too-volatile/
First of all, why would you want to run a watchtower? Well, there’s a chance of people exploiting an offline node. Say your node goes offline. One of your connected nodes might maliciously try to force close the channel on you but send out an older status on the network, Read more…
Bitcoin is a bit hard to understand, but the concept it depends on are very simple. This is one of the best graphics to understand why bitcoin can’t be cheated. https://twitter.com/BTCOVERFIAT/status/1438958264251785226?s=20 Like Satoshi Nakamoto writes in the Bitcoin Whitepaper, he proposes a solution to the double spend problem. So far, Read more…
Blockworks posted it on twitter: https://twitter.com/Blockworks_/status/1438182352497385472?s=20
Are you a millionaire in the making? Froom Fiona, the Millennial Money Woman Are you a Millionaire in the Making? 10 Ways to Tell if you are a Pre-Millionaire – Thread – 1. You Seek High-Quality Friendships Cultivate rich relationships and avoid toxic ones. Your inner circle should include people Read more…
Here is a list of resources that I found helpful when setting up and managing my Lightning Network node. Finding good nodes to connect to can be hard. Lightning Node Match uses some basic network analysis to tell you which other nodes will improve the connectivity of yours when connected Read more…
Bitcoin nation state game theory 101. You don’t have any choice but to play. This is what excites many Bitcoiners. We really believe that bitcoin is the hardest money ever created. Michael Saylor equates this to the discovery of gunpowder. No matter how much traditional armies refused to adopt gunpowder Read more…
The fact that Bitcoin is purely code can easily lead to people thinking that it’s hackable just like any other software out there. This is, in fact, not the case due to Bitcoin’s distributed nature: Read the explainer by Relai at: https://relai.ch/can-bitcoin-be-hacked/ If you are new to Bitcoin and know Read more…