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Do Bitcoiners ‘hate’ gold?!
GM Bitcoiners, There’s an impression that Bitcoiners don’t like gold. What do central bankers and toxic bitcoin maximalists have in common? They both hate gold. However one of them is smart enough to stockpile it in record volumes. Have a great day you laser eye people. — Gold Telegraph ⚡ (@GoldTelegraph_) December 11, 2022 And […] More
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How to Own Reality: The Twitter Files.
Unless you’ve been living under a rock, you’ll be aware of the absolute spectacle hosted by Elon Musk and Twitter this year. Long story short: Elon Musk bought Twitter. Elon musk says the move was an attempt to help restore some free speech that was lost to the technocratic mediators of information over the past […] More
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Bitcoin: How Big Can It Get?
Bitcoin is huge already, right? I mean, just look at how much its price has increased in the past decade! Well, sure, its value has increased a bunch since its inception, but when you start at zero, any increase leaves you infinitely bigger, so of course, Bitcoin feels huge to most people already… but that […] More
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The Liver King and Modern-day Monetary Distortion
GM Bitcoiners, If I showed you a picture of this guy, what’s the first thing that comes to mind?… Man claims he eats raw liver, testicles and bone marrow everyday and it transformed his life. His aim is to start eating how people were eating hundreds of years ago. “First, we eliminated processed foods” pic.twitter.com/Hm0anzlPjr — […] More
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The ECB’s Last Stand
GM Bitcoiners, Many of us would consider the latest crypto implosion a good thing. Sure, it’s hurt the Bitcoin price short-term, but it wiped out a lot of bad actors in the market. But the mainstream marketing spin hasn’t left Bitcoin unscathed, as many institutions are once again distancing themselves from sound money along with […] More
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Why We’re Still Bullish on Bitcoin
It’s that time of the year again… I’m not talking about Christmas; I’m talking about the time when concerned family and friends hear of the latest crypto scam and text you to ask if your Bitcoin is okay. Yes… yes, it is. See, this wouldn’t be particularly infuriating if it weren’t for the fact that, […] More
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Why Bitcoin is Like an Ancient Zombie Virus
GM Bitcoiners, We can all let out a collective sigh of relief knowing that scientists have been doing their best to help protect humanity… ¯\_(ツ)_/¯ Apparently, researchers have collected ancient samples from 13 new pathogens (‘zombie viruses’) that are still infectious after being trapped under frozen ground for millennia. Isn’t that great? Ok, not really, […] More
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The Hidden Costs of Bad Money
GM Bitcoiners, ‘FREE!’ used to mean something in an offer, but now it’s often associated with scams or low quality. We’ve all realised that ‘free’ doesn’t equal good, and ‘cheap’ doesn’t equal quality. Something cheap will often be expensive in other ways – we’ve come to expect this now. If I receive a quote for […] More
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Orange Friday
GM Bitcoiners, It’s that day of the year… The day when people rush to get more stuff they probably don’t need. I must confess that I’ll be joining the rush for the sake of Christmas presents (it turns out my family don’t like being given Bitcoin-related gifts)… but my buying habits have changed massively since […] More
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Bitcoin Volatility Is A Feature, Not A Bug
GM Bitcoiners, “How can Bitcoin be a currency if it’s SOOOO volatile?!?!?!?!” This is a common criticism of why Bitcoin can’t succeed. After all, compared to the stable *cough, cough* dollar, you can’t price anything in Bitcoin! *Stable US Dollar* For starters, we’re collectively building out a decentralised currency from NOTHING. How do you think […] More
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Bitcoin’s Third Layer — Fedimint
Peeling the Onion: The Third Layer. (kind of…) Bitcoin’s popular second-layer network, Lightning, has drastically expanded Bitcoin’s functionality by making some clever trade-offs to achieve faster, cheaper and more scalable transactions. People often get confused by the idea of “layer two” Bitcoin solutions, not just because they were never aware of a “layer one” existing […] More
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Crypto is Just a Worse Version of an Existing System
GM Bitcoiners, The crypto world has always piggy-backed on Bitcoin’s mission and reason for existing, and so they always harp on about… Decentralisation Freedom Choice Innovation Revolution Bla, bla, bla… the metaverse, NFTs, DeFi, and everything else is marketed as part of this adventurous journey, as implied through ads such as this… In reality, the […] More
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