13th Anniversary of the Bitcoin Genesis Block

Today, 3rd of January 2022, marks the 13th anniversary of the Bitcoin Genesis block. On the 3rd of January 2009, at 20:15 UTC, the pseudonymous creator of Bitcoin, Satoshi Nakamoto, mined the first Bitcoin block, presumably using the CPU on his own personal computer. There are many things that make this momentous occassion significant. Mining […]

Bitcoin and Magic Bubbles

Bubbles pop. And while markets may recover, bubbles certainly do not re-inflate themselves again and again. If Bitcoin is a bubble, it’s a magic bubble. Something that exists in an entirely new category unlike any other bubble we’ve ever seen before.

Bitcoin Independence

Thanks to the genius of Satoshi Nakamoto, all you need is an old computer and a little bit of tech savvy to have an equal say in the development of the world’s first truly global monetary network. And, perhaps for the first time in human history, everybody’s voice could be weighted equally. No matter who you are or what influence you wield, Bitcoin leveled the playing field like never before.

Another Disingenuous Bitcoin Critic.

I suspect that the reason why some authors do not adjust their perspective is because Bitcoin challenges some of our most basic assumptions. Can human beings govern themselves, if given the right tools? Or are we by nature barely capable of surviving unless controlled by powerful authoritarian forces? Depending on your answer to those questions you may or not (knowingly or unknowingly) choose to ignore the reality of Bitcoin. To preserve the integrity of your existing belief system.

Did Satoshi celebrate his birthday?

What kind of a person has the mental, moral and emotional fortitude to watch from the sidelines, in silence, while their invention changes the world, without taking a shred of credit or fame along the way, instead choosing to forego untold riches in exchange for the possible realization of what was, at least to begin with, little more than a fragile promise of freedom?

“Who does that?” you ask.

Satoshi did that.

Bitcoin. It’s not just a Hedge. It’s a Wedge.

Investors are increasingly waking up to the reality that their fiat cash reserves are melting ice cubes. As a result hard assets like Bitcoin are gaining traction as a hedge against inflation. However, Bitcoin isn’t just a hedge against inflation. It’s also a wedge that’s forcing open and widening the cracks in a world where true power and control is hidden behind a facade.

Bitcoin is NOT Anonymous.

Many myths persist about Bitcoin. One of the most widely believed, yet deeply mistaken, being the idea that Bitcoin is “only-used-for-buying-things-that-are-illegal.” Because it’s anonymous. The fact of the matter, however, is that Bitcoin isn’t actually anonymous at all. The movement of individual coins can be precisely traced.