Steve Hanke is wrong about something Bitcoin related once again. He’s recently taken aim at the idea of the U.S. creating a Strategic Bitcoin Reserve (SBR). In the video embedded in the X post below, Hanke claimed that converting government savings into bitcoin would be a “drag on the economy” because those savings wouldn’t be […]
VIRTUAL FUTURE MONEY
Follow Frank on X. With bitcoin’s price dipping significantly below $100k again, the “buy the dip” cheerleaders are out in full force. But I’m here to offer a different perspective, which is simply: Don’t buy the dip. Before I continue, let me please make it clear that nothing that I write in this Take is […]
VIRTUAL FUTURE MONEY
One of the secondary benefits of how the Lightning Network works as a scaling solution is privacy. It’s by no means perfect or undefeatable privacy, but it is a better than naive use of the base layer blockchain itself. It’s also not perfectly balanced. The sender learns a good many details about the receiver, but […]
VIRTUAL FUTURE MONEY
Follow Nikolaus On 𝕏 Here For Daily Posts In less than two weeks, the United States will have a new administration in office, but there’s already much debate about President-elect Donald Trump and his policies. One of the most controversial — his expressed interest in purchasing Greenland for strategic, economic and political reasons. Trump claims that buying […]
VIRTUAL FUTURE MONEY
Bitcoin’s value proposition relies on its ability to resist any type of censorship. Without that feature, Bitcoin loses its power to challenge and resist any authority that wants to subjugate Bitcoin to the same rules that apply in the traditional world. With this in mind, it’s paramount that bitcoin has no central points of failure […]
VIRTUAL FUTURE MONEY
Company Name: Ledn Founders: Mauricio Di Bartolomeo and Adam Reeds Date Founded: September 2018 Location of Headquarters: N/A (Fully remote) Number of Employees: 51 Website: https://ledn.io/ Public or Private? Private “Lending is the type of relationship where you value the return of your assets more than the return on your assets.” This was Di Bartolomeo’s […]
VIRTUAL FUTURE MONEY
I’ve been thinking about this a lot lately: Bitcoin Layer 2 foundations need to start holding bitcoin in their treasuries. It makes too much sense for them not to. And apparently I’m not the only one. As someone who’s watched this space evolve, let me explain why Bitcoin Layer 2 foundations should listen to Molly […]
VIRTUAL FUTURE MONEY
Follow Nikolaus On 𝕏 Here For Daily Posts This week, I stumbled across one of the coolest posts I’ve seen in a while – Jason Marquez, who says he is “just a Truck Driver that loves listening to Michael Saylor on YouTube,” revealed he has profited massively from listening to the advice of the MicroStrategy […]
VIRTUAL FUTURE MONEY
Follow Frank on X. Last month at the New York Times DealBook Summit, political analyst and media personality Van Jones admitted that the Democrats made a fatal mistake in not only largely disregarding the crypto voter but in acting against them during the last election cycle and more broadly during President Biden’s time in office. […]
VIRTUAL FUTURE MONEY
Well, my dear Bitcoiners, it seems we’ve done it. The unthinkable has been thought, the improbable achieved, and the utterly ridiculous made reality: Bitcoin has surpassed $100,000! But now, as the laser eyes dim and the confetti settles, the question looms: What next? Never fear, for Bitcoin’s restless, meme-loving army has a new mission—and it’s […]