After An Unforgettable Year, I’m Most Bullish On Bitcoiners
2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here to read all of the stories from our End Of Year 2020 Series. Boy, what a year it’s been. It’s hard to find the words to address 2020. I have wrestled with mixed emotions throughout this year, and I suspect....
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Comments from Fed chair Jerome Powell could tell bitcoiners how committed the central bank is to staying the course on low interest rates through the rest of the year.
Tim Swanson, one of the preeminent talking heads on Bitcoin, appeared on the deBitcoin video podcast recently and talked about mining among other things. He pointed out that only irrational people will try to solo mine anymore: "It's rational to pool, because it lowers the risk, lowers the variance. That's something that won't be removed anytime soon." "I Was Pretty Bullish a Couple of Years Ago". Swanson says that he is sometimes cast as a bad guy in the minds of Bitcoiners, but he didn't always have negative or pseudo-negative views of Bitcoin. He says that last year's major gains in....
Even the most bullish Bitcoiners are drastically underestimating the inevitable and meteoric rise of bitcoin as it becomes adopted on a global scale.
If Bitcoiners truly strive for permissionless freedom, they should run their own hardware free from centralized third parties. The post Bitcoiners Run Hardware appeared first on Bitcoin Magazine.