Saved by sari
Bitcoin for the open-minded skeptic - Paradigm
Some are skeptical about the ability of digital currencies to emerge as a viable store of value in just a few years since it took thousands of years for gold to do so, and only after gold had been used for its intrinsic value for centuries before that. I don’t agree; such logic is too rooted in the past and does not account for rapid behavioral cha... See more
JP Morgan • The Maltese Falcoin | J.P. Morgan Private Bank
Bitcoin, invented by a mysterious figure, Satoshi Nakomoto, whose true identity is the subject of many a conspiracy theory, experienced even more of a rollercoaster ride than gold in 2011, soaring in value from less than $1 a bitcoin to almost $30, before plunging below $5. Many thought that this apparent bursting of a bitcoin bubble would put an e
... See moreMichael Green • In Gold We Trust? The Future of Money in an Age of Uncertainty (Kindle Single)
Reaching market-protocol fit is a journey of forking paths and complex, political upgrades. Bitcoin shed several narratives before arriving at the censorship-resistant store of value, "digital gold" narrative. This took place over years, alongside the development of supporting mining and financial infrastructure, and an ideological fork that pushed... See more
Laura Lotti • Market-Protocol Fit
-BTC worked well as store of value in the sense that there's more and more people that accept it as such. Data supports that it is being used in countries with unstable currencies
Chris Dixon • The Potential of Blockchain Technology
Programmable securities, money streaming, and a global buyer of energy of last resort are tremendously exciting. Their growing promise is evidence that Bitcoin is, “not just a digital rock,” to cite an expression frequently utilized by Elizabeth Stark.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
“Well, I had been a sceptic for quite a few years. But I am slowly being converted. And I would say most intelligent people outside of crypto still underrate them, because they don’t get it. It’s clear to me now it’s not a bubble. It is consistently attracting talent. Even with advances in normal payments technologies, the interest — extreme intere... See more