Bitcoin maximalists think Bitcoin is the perfect substitute for gold. Not even gold fans listen to them. But what would it take for Bitcoin to achieve this?
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I did a talk today — here’s the slides. Explaining blockchains, why Bitcoin fans are like they are, and blockchain use cases in business.
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How Bitcoin fits the theology and virtues of Austrian economics — a plea to Austrian School nocoiners to take Bitcoin seriously.
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Of course it isn’t like the Internet. But this claim keeps coming up. Includes technologies Bitcoin and blockchains are actually comparable to.
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With nice writeups of my book and related books.
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If you know what you’re looking at, the GDAX depth chart is absolutely gripping. It’s like an action thriller movie for very dull people. If you ever wondered why I don’t trade in cryptos …
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And James Altucher claims to know who Satoshi Nakamoto is, and that he reads Satoshi’s blog daily. Huge if true.
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The price of Bitcoin started collapsing this morning. I’m not going to be so foolish as to call it, but I am saying “I told you so” — the only actual money people will get out is actual money that other people put in.
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I spend too much time on Bitcoin Twitter. Yes, I know I did this to myself.
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China is worried about crypto mania affecting the real economy. So they’re pressing Bitcoin miners toward a phased shutdown, and ending subsidies on electricity and land.
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