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?
I did a talk today — here’s the slides. Explaining blockchains, why Bitcoin fans are like they are, and blockchain use cases in business.
How Bitcoin fits the theology and virtues of Austrian economics — a plea to Austrian School nocoiners to take Bitcoin seriously.
Of course it isn’t like the Internet. But this claim keeps coming up. Includes technologies Bitcoin and blockchains are actually comparable to.
With nice writeups of my book and related books.
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 …
And James Altucher claims to know who Satoshi Nakamoto is, and that he reads Satoshi’s blog daily. Huge if true.
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.
I spend too much time on Bitcoin Twitter. Yes, I know I did this to myself.
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.