Bitcoin custody provider Casa held its annual Keyfest conference this month, and with it came many conversations around Bitcoin privacy, security and the Lightning Network. And one very important question was raised in the Q&A portion of the first session of the second day, “Lightning Network And Privacy,” hosted by Casa’s Andrew Yang, Impervious Developer […]
Congratulations and welcome to the Bitcoin network! This is the beginning of an exciting adventure full of countless resources, lots of helpful mentors and online friends who can become in-person friends if you go to local meetups or conferences. Not to mention ample hope for the future, as the magnitude of Bitcoin’s effect on the […]
Many a Bitcoin maxi have been asked the question, “Ok, but how does bitcoin replace the dollar?” Here’s my attempt to answer that question. This will be a short series, the first of which discusses what caused us to lose the gold standard, the second discusses architecture and the third seeks to offer solutions within […]
It’s the rise in Bitcoin nomadism. The appeal of Bitcoin nomadism has risen in popularity over the last few years as the growth in the Bitcoin economy has enabled more people to choose their own adventure around the world, taking advantage of bitcoin’s phenomenal rise in purchasing power. We see more services catering to Bitcoiners […]
As bitcoin has appreciated and seen increased global adoption, it has emerged as a macroeconomically relevant phenomenon. This has turned formerly theoretical debates into live, practical questions on how Bitcoin will affect geopolitical relations. The current balance of global power is defined by complex arrangements of military alliances, trade flows, ethnic and religious affinity, cultural […]
This article is a respectful part agreement but more disagreement with Dennis Porter’s article, “Why Bitcoin Represents The Ultimate Single-Issue Voting Bloc.” Bitcoin Is Apolitical To start out, Bitcoin is apolitical. However, many people who own Bitcoin do vote in elections, and everyone lives in countries where the government can have an effect on Bitcoin, […]
The United States’ recent decision to remove Ethiopia from the African Growth And Opportunity Act (AGOA) trade program is a significant and intentional blow to the Ethiopian people and economy. The country exported around $3 billion worth of product in 2019 — removal from AGOA will cut out approximately half of Ethiopia’s exports to the […]
How poetically perfect that 2021 was the year that the world discovered how 21 million bitcoin are the key to the world’s future economic system. This was the year when the public finally woke up. Last year, Bitcoin entered the world’s cultural zeitgeist in a way like never before. This was a game changer of […]
As the title suggests, I’ll go over what I believe makes a good Bitcoiner with the hope of persuading you that being a HODLer is actually an important job that entails certain responsibilities. The outline roughly will be: The philosophical prerequisites of the HODLer’s mindset Impediments to adopting a personal bitcoin standard Practical takeaways Let’s […]
This article describes the failure of centralized planning and government interventions in developing countries from the perspective of the Austrian school of economics. Numerous institutional and financial problems prevent ordinary citizens from achieving financial stability and economic freedom. The case of Ukraine is used to demonstrate the positive transformation that can be achieved via the […]
Editors note: some descriptions and other phrases are translated from this source. Introduction Fiat currencies on the one hand and Bitcoin on the other are designed in a very different way. I will argue that the differences in their design will be reflected in different psychological effects in their users, often completely unconscious. In other […]
Bitcoin Generational Wealth – The Prelude This article was inspired by a fellow Bitcoiner, @chadlupkes and his constructive criticism of my first article on generational wealth. My first article focused too much on the generational wealth calculations in his humble opinion and I took his criticism to heart. In essence, my fellow Bitcoin brother would […]
It is a rare event for humanity to experience a change in worldview. You could say that the last time such an event truly took place was at the end of the Middle Ages — with the development of the telescope and the printing press, people learned that the Earth revolved around the sun and […]
This article is the second part in a series where we outline the views and predictions made by the Bitcoin community concerning the prospect of hyperbitcoinization. In our analysis, we highlight “transition agents”: main players, groups of players or institutions that could accelerate the transition to a Bitcoin world. For each topic, we base our […]
Africa is leading the way for global Bitcoin adoption — pioneering the first truly peer-to-peer movement on the ground. While many parts of the developed world are fixated on the speculative activity of bitcoin, people in Africa are teaching us about its true use cases and the opportunity it presents for greater financial inclusion of […]
Bitcoin As Divine Bitcoin is divine. And with all things divine, us humans form religions that try to understand the divine and venerate it, especially because of the difficulty of comprehending it in full. There is extensive literature that describes Bitcoin as a living organism (Gigi, Quittem). These perspectives reveal that Bitcoin “grows, reproduces, inherits […]
I’ll start with some bad news. Unfortunately, the world of cryptocurrency has somewhat misappropriated Einstein’s name. There is the Canadian Einstein exchange, which collapsed into thin air in 2019. There is also the recently released Einstein token, part of whose timeline I note below. The website’s roadmap reads: “April 2021, Phase 1, Launch of website […]
An earlier version of this article was published on Medium on September 25, 2019. Something special happened in the first year or so after Satoshi gave us Bitcoin, something no one expected and many thought was impossible. Try to imagine Bitcoin back then, before you could buy things with it, before there was an exchange […]
All generations have rich nostalgia for the decade of their childhood. Our coming of age is our purest time. And for the millennials, it’s probably best encapsulated by the 1990s. The 90s are milk and honey for us. We remain so fond of the music, the TV and cinematic treasures, our first AOL experiences and […]
Watch This Episode On YouTube Listen To This Episode: Competency in any subject can take hard work and dedication. But Bitcoin, being both technically oriented and encompassing so many disciplines, can be especially challenging. I discussed this idea and much more with Chris Alaimo, one of our recent employee additions here at Bitcoin Magazine. His […]
The Humanity-Altering Potential Of Bitcoin As we enter 2022, we should all stop and marvel at how far Bitcoin has come over the past 13 years. What started as a white paper has grown through infancy and into a healthy, robust, adolescent global phenomenon. Against the backdrop of clown world simulation shifting into ever-higher gears, […]
