The Revenge Of The Nodes: When 20th Century Authority Gives Way To 21st Centu...
The global economy is driving toward authoritarianism, but Bitcoin offers autonomous, decentralization that can save the average investor.Part I: Bitcoin As A Tree, Persistence And Deep Structures A ReveriePerhaps if I had been more brazen, the title to part one of this series would have ended up as something more tantalizing, something punchy like “Bitcoin Is A Palm Tree, And Fiat Is A Coconut.” But for better or worse, such a title felt saturated with a bit too much levity, too tropical and trivial for such a weighty topic.In truth though, the palm tree imagery would have actually been a....
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A conversation exploring topics from Aaron Segal's "The Revenge Of The Nodes", such as decentralization, declining fiat credit quality, and Bitcoin as pristine collateral.
What can a sixth century game teach us about 21st century money? A lot, apparently.
An Australian bitcoin exchange - 21st Century Bitcoin Exchange - is soon planning to launch the first bitcoin ATM in the land down under, in Melbourne, according to a report published in Business Insider. "With Bitcoins revolutionising traditional monetary transactions, Australia-based 21st Century Bitcoin Exchange is the first company to set up a Bitcoin ATM in the country," said the company in a statement on the matter. In addition to launching the first bitcoin ATM in the country (details on this element specifically are few), the company is reported to soon begin discussions with....
Every generation sees a fundamental innovation revolution. In the 20th century, the internet brought us closer. The 18th century ushered in the industrial revolution, while the 17th century enlightened humanity through the Renaissance. While some are naturally skeptical, many already believe that in the future people will look back at this current stage of early […]
El Salvador, the country which made bitcoin legal tender, has purchased 21 more bitcoins to celebrate “the last 21st day of the year 21 of the 21st century,” President Nayib Bukele announced. The country has bought about 1,391 bitcoins altogether. El Salvador Buys More Bitcoins El Salvador’s President Nayib Bukele announced Tuesday that his country has bought more bitcoin. His announcement began with a tweet that reads: “El Salvador’s entire size is 21,000 km2. Coincidence? I don’t think so!” He followed up with a series of tweets that....