Winter is coming!

Reason # 541 that we like Bitcoin better than fiat. The Fed never gets it quite right.

“Too much sanity may be madness — and maddest of all: to see life as it is, and not as it should be!”

Lightning is WWW

Forget stupid tribal nonsense and dumb arguments over technical parameters like block size or whether something is a store of value or cash. This is what we're up against. People still focused on the nonsense are lost...

✓ Few transactions ✓ Illegal transactions ✓ Terrorism ✓ Money Laundering ✓ Unstable value ✓ Inefficient payment processing ✓ No central trusted party ✓ High energy usage ✓ High cost of transactions ✓ Anonymous cash ✓ Central banks can do it better ✓ Undermining banks

One man's electrical waste is another's thermodynamic security.

the depth of bitcoin security

How BTC price effects miners

2nd part by CoinShares, how bitcoins energy usage is mainly renewable and provides the economic incentive to keep it that way medium.com/coinshares/bew…

Alright, here is the fintech-pill. Take it, internalize it, and the space will finally make sense: Every fintech company is just a disguised strategic growth hack where the real goal is to become a bank. Robinhood, Stripe, Coinbase, Affirm, Acorns. Bank, bank, bank, bank, bank.

"#Bitcoin is for enemies." h/t Pierre Rochard

1/ People often ask me why I’m so “against” Ethereum. Why do I go out of my way to point out flaws or make analogies that put it in a bad light?

Great UTXO age analysis for price

Brad Mills 🔑⚡️ I'm more confident about bitcoin than most maximalists. It doesn't need to be shielded from competition or have people "steered" to it to succeed. It succeeds as the best "money" on its merits. Ethereum doesn't/can't fit that niche. Maximally confident, minimally maximalist.

For all the flack it's gotten, Tether never claimed it was decentralized.