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For the sake of Bitcoin as a whole, there were many who worried that the consumers who were buying things online through Bitpay were pushing the price of Bitcoin down; generally when online retailers accepted Bitcoins they immediately sold them off for dollars, creating a downward pressure on the overall price.
Nathaniel Popper • Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money


The use of Bitcoin’s blockchain to store data unrelated to Bitcoin payments is a controversial subject. Many people consider such use abusive and want to discourage it. Others view it as a demonstration of the powerful capabilities of blockchain technology and want to encourage such experimentation. Those who object to the inclusion of nonpayment d
... See moreDavid A. Harding • Mastering Bitcoin
The Bitcoin network can transact in fractional values, e.g., from millibitcoin (1/1000th of a bitcoin) down to 1/100,000,000th of a bitcoin, which is known as a satoshi.
David A. Harding • Mastering Bitcoin
The Bitcoin Standard: The Decentralized Alternative to Central Banking
Saifedean Ammous • 1 highlight
amazon.com
Prices are information, trade is speech, and the capital stock is a literary corpus. Which is to say, Bitcoin is the internet, extended to the communication of value, furiously wrestling value back from the feudal client/server architecture of fractional reserve and central banking. The Bitcoin Protocol / Lightning Network Protocol (LNP/BP) is the
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