Why Bitcoin, Not Shitcoin

It’s really difficult to present all of these perspectives on bitcoin in a concise, sensible manner. Svetski does just that. Why #Bitcoin & not Shitcoin. The comprehensive guide, covering the economic, philosophic & moral case for why everything other than #Bitcoin is a shitcoin. Hint: Beyond Bitcoin, it’s ALL shitcoin. Read more…

Bitcoin Is Very Cheap Based on Its Intrinsic Value as Default Insurance on a Basket of Fiats

Greg Foss has something to say about bitcoin. BTC is very cheap based on its INTRINSIC value as default insurance on a basket of Fiats. This is one valuation methodology using CDS on Sovereigns. My research https://rockstarinnercircle.com/wp-content/uploads/2021/04/Why-Every-Fixed-Income-Investor-Needs-To-Consider-Bitcoin-As-Portfolio-Insurance.pdf Get your bitcoin here.

Taproot is Locked! Don’t understand what that means and at this point you’re too afraid to ask?

Aaron van Wirdum posted a bunch of his articles about Taproot. https://threadreaderapp.com/thread/1403701284495110145.html For years now, Bitcoin developers have been wanting to implement Schnorr signatures on the Bitcoin protocol. https://bitcoinmagazine.com/culture/the-power-of-schnorr-the-signature-algorithm-to-increase-bitcoin-s-scale-and-privacy-1460642496 Among other things, Schnorr signatures would enable a new type of smart contracts, sometimes referred to as Scriptless Scripts. https://bitcoinmagazine.com/technical/scriptless-scripts-how-bitcoin-can-support-smart-contracts-without-smart-contracts Meanwhile, Read more…

How to Get Started With Bitcoin Self-Custody

Not your keys, not your coins, right? You hear that all the time from hardcore bitcoiners. But how do you even start figuring that stuff out? An excellent guide on self-custody by econoalchemist. https://threadreaderapp.com/thread/1403968847107874822.html 1/35 A thread on getting started with #bitcoin self-custody: How to:– setup a new @COLDCARDwallet– secure a seedphrase with @CypherSafe– Read more…

Can Bitcoin Get Even Stronger?

From Bitcoinpasada: This article examines how #Bitcoin achieves censor resistance from a networking design perspective, and why there is no way to fundamentally improve on Satoshi’s network design choices. Back to basics: how Satoshi designed Bitcoin for censor resistance TL;DR: Crypto networks require a speed limit to ensure censor resistance, Read more…

Even Keynesian Economists Agree That El Salvador Did Right to Adopt Bitcoin

Frances Coppola is an economist with deep Keynesian studies. Here’s her unpopular opinion (in some circles): https://threadreaderapp.com/thread/1402644492411355138.html My unpopular opinion (well, perhaps popular in some circles): the President of El Salvador’s decision to adopt BTC as an alternative to the USD for transactions in his country is actually quite sensible. 1/  Read more…