Opinion
Opinion
What is Bitcoin? To the uninitiated, this question sounds rather unexciting. They understand Bitcoin to be a cryptocurrency as it is repeatedly portrayed by the mainstream media. While this is true on a very superficial level, the common Bitcoiner would stress the fact that Bitcoin is more than just a
Mainstream pundits like to paint Bitcoin as this hyper volatile, speculative thing that only a degenerate gambler would touch. Investing in the stock market, on the other hand, is usually promoted as a responsible, conservative thing to do with your money. But isn’t it actually the other way around?
An upgrade to the Bitcoin protocol is generating yet another controversy that threatens to split the chain. This time, the issue is BIP-119, a proposal to add the OP_CHECKTEMPLATEVERIFY opcode via a softfork. While the proposed change is generally uncontroversial, the consensus mechanism for accepting the change has catalyzed
Opinion • Bitcoin • Apr 27, 2022
An upgrade to the Bitcoin protocol is generating yet another controversy that threatens to split the chain. This time, the issue is BIP-119, a proposal to add the OP_CHECKTEMPLATEVERIFY opcode via a softfork. While the proposed change is generally uncontroversial, the consensus mechanism for accepting the change has catalyzed
Opinion • Bitcoin • Apr 27, 2022
What is Bitcoin? To the uninitiated, this question sounds rather unexciting. They understand Bitcoin to be a cryptocurrency as it is repeatedly portrayed by the mainstream media. While this is true on a very superficial level, the common Bitcoiner would stress the fact that Bitcoin is more than just a
Opinion • Bitcoin • Apr 04, 2022
Mainstream pundits like to paint Bitcoin as this hyper volatile, speculative thing that only a degenerate gambler would touch. Investing in the stock market, on the other hand, is usually promoted as a responsible, conservative thing to do with your money. But isn’t it actually the other way around?
Opinion • Bitcoin • Apr 01, 2022
Hyperbitcoinization is a voluntary transition from an inferior currency to a superior one… …Hyperbitcoinization should be accompanied by a rapid improvement in productivity and wealth… …Hyperbitcoinization will probably be a confusing time for everyone, like a second adolescence. However, once it is over, no one will be able to imagine
Opinion • Bitcoin • Feb 17, 2022
Several years ago when I discovered Bitcoin and the growing world of cryptocurrencies, my instinct was to dive in with full force. I wanted to learn everything about how Bitcoin works and why we need it, about the cryptography behind privacy coins like Monero, Grin and zCash, about smart contract
Opinion • Bitcoin • Dec 23, 2021
This month, Bitcoin became legal tender in El Salvador. This is a historical landmark in the world of finance, and the reception has been unsurprisingly divided. On one hand, it marks a move towards an exciting future for Bitcoin, globally. It also presents an opportunity for Bitcoin to deliver on
Opinion • Economy • Sep 27, 2021
Nayib Bukele sure ain’t your average politician. The president of El Salvador, when confronted with an accusation of becoming a dictator, changed his Twitter bio to “Dictador de El Salvador” (Dictator of El Salvador), and later spiced it up to “El Dictador más cool del mundo mundial” (The coolest
Opinion • Politics • Sep 26, 2021
I've said it before and I'll say it again: Never argue with a Nocoiner. Nature abhors a vacuum, and debunking the latest Bitcoin FUD will just create a void to be filled with even dumber FUD. Our latest example comes from an employee of the Dutch
Opinion • Technology • Sep 20, 2021