Jameson Lopp Highlights Bitcoin’s Market Cap In Comparison To National M1 Mon...
According to rankings compiled by Casa’s Jameson Lopp, bitcoin would be a top-10 global currency by liquid money supply.Bitcoin could be considered a top-10 global currency based on its “stock of narrow money” or M1, the money supply that is composed of the most liquid forms of assets, according to a ranking created by Casa’s Jameson Lopp and made to resemble a CIA webpage.Bitcoin’s market capitalization (the USD value of one bitcoin multiplied by the current total supply of bitcoin) of $1,185,601,872,889 would put it above Canada in estimated M1 supply, per Lopp’s rankings, leaving it....
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On September 19, 2021, the software developer and cofounder of Casa, Jameson Lopp, announced a new project called bitcoinpoliticians.org which sifts through Congressional financial disclosures and records them into a database. Lopp says the aim is to create “more transparency around bitcoin ownership” and so far he’s analyzed about 13% of Congressional financial disclosures.
Jameson Lopp Launches Bitcoin Politician Project
These days politicians owning bitcoin has become a rising trend during the last few years in contrast to the early days when bureaucrats....
The Lightning Network may well be Bitcoin’s primary solution to the issue of scalability, but many skeptics believe there are unresolved issues with this layer-2 system for the blockchain. The possibility of too much centralization via so-called “supernodes” is one of the common criticisms of the Lightning Network, and attached to that is the fear of these new, mostly -centralized payment hubs having the capacity to censor transactions. Bitcoin Magazine recently reached out to BitGo Engineer and Statoshi.info creator Jameson Lopp to get his thoughts on the possible privacy issues....
The Lightning Network may well be Bitcoin’s primary solution to the issue of scalability, but many skeptics believe there are unresolved issues with this layer-2 system for the blockchain. The possibility of too much centralization via so-called “supernodes” is one of the common criticisms of the Lightning Network, and attached to that is the fear of these new, mostly -centralized payment hubs having the capacity to censor transactions. Bitcoin Magazine recently reached out to BitGo Engineer and Statoshi.info creator Jameson Lopp to get his thoughts on the possible privacy issues....
It’s imperative to use best practices in bitcoin security in order to protect assets. Jameson Lopp shares the ways Casa supports their clients.
An incredible sum of more than 900,000 bitcoins, worth almost a billion dollars, was stuck at one point last night, waiting to move, due to limited transaction capacity. At the time of writing, more than 300,000 bitcoins remain stuck. Luke-Jr, a developer of the Bitcoin Core client and a Blockstream contractor, publicly responded to the backlog by stating “[j]ust pay a $5 fee and it’ll go through every time.” Jameson Lopp, a BitGo engineer, publicly stated yesterday that if bitcoin’s price hits $10,000 without an increase in transaction capacity, fees will be $400 based on current data.....