Bitcoin
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Getting ‘Down and Dirty’ on the Bitcoin Lightning Network
In the blocksize wars of 2015-2017, the Bitcoin protocol became trapped in opposing manifestations. The quandary? Could Bitcoin scale effectively scale to compete with Visa, Mastercard, and the traditional banking and credit system while still providing its decentralized, cryptographic benefits? As Blocksize War author Jonathan Bier explains, the more corporate-aligned “big blockers” — Coinbase CEO…
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FTM2: Bitcoin is the Internet’s Native Currency
https://fixthemoney.substack.com/p/ftm2-bitcoin-is-the-internets-native?sd=pf It’s January 3rd, Happy Birthday Bitcoin! 🎉 Today we open a new chapter on this newsletter/podcast. I sit down with my good friend Yaël Ossowski who has been the second author on “Fix the Money” for a while. Yaël is a long-term Bitcoiner and freedom advocate who’s been actually using Bitcoin in his daily…
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If you think of Bitcoin as an “alternative investment,” you already lost
Bitcoin is a savings technology. The paradigm shift afforded by Satoshi’s innovation was the ability to claim absolute and sovereign ownership. A major cryptocurrency exchange on the brink. Another shuttered after outright fraud, deception, and criminal behavior. Yet more feeling the heat of digital bank runs. To outside observers, the world of Bitcoin and its…
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Yaël on WRNN 99.5FM: Krampus, FTX Fraud, and Why Bitcoin Will Be Fine
CCC Deputy Director Yaël Ossowski interviewed on Hot Talk 99.5FM (Myrtle Beach, South Carolina) by host Joe Catenacci. -The story of Krampus and other fun Christmas traditions -The FTX fraud and fractional reserve banking -Bitcoin will keep calm and carry on, block after block December 19. 2022
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After the FTX Fraud, It’s Time to Be Even More Bullish on Bitcoin and Crypto
When the Securities and Exchange Commission announced charges against FTX CEO Sam Bankman-Fried this week, it ended a nearly 2-month-long drama. Bankman-Fried’s unethical business setup between his hedge fund Alameda Research and crypto exchange FTX (including the 130 related companies now in bankruptcy) were enough of a worry for the broader cryptocurrency economy and devotees…
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Real Progressives Would Support Bitcoin and the Crypto Economy, Not Regulate It Away
When political progressives address topics like inflation, taxes, or corporate wrongdoing, they claim to speak for the people. Whether it’s the working class or minorities, progressives aim to shape government policy to protect those at constant risk for exploitation. But when these same individuals, such as U.S. Senator Elizabeth Warren (D-MA), turn their focus to…
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The Sam Bankman-Fried Hold on the Trillion-Dollar Crypto Trade Leaves It Vulnerable
Throughout the cascading cryptocurrency collapses and bankruptcies this summer, one name rose to the top: Sam Bankman-Fried, also known as SBF. The Bahamas-based American billionaire entrepreneur heads FTX, the world’s second-largest cryptocurrency exchange. This year, he’s become a primary protagonist in the folding of crypto platforms and hedge funds like Celsius Network, Voyager and Three…
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Not your keys, not your coins: Claiming better ownership of your stack with Bitcoin privacy
The tools to be a better sovereign Bitcoin user are at your disposal – and recent developments suggest you should use them When significant consolidations happen in the cryptocurrency market, Bitcoiners have a habit of sounding the alarm, reminding folks to remove their hard-earned Satoshis from exchanges and brokerages. It’s sound advice both from a price perspective…
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New York lawmakers just killed Bitcoin and crypto mining and consumers will suffer
Albany, NY – Early this morning, the New York State Senate joined with the State Assembly to pass a moratorium on Bitcoin and cryptocurrency mining, issuing yet another reminder that state lawmakers want to deny their residents from interacting with cryptocurrencies. The law would prevent new permits from being issued to carbon-based fueled proof-of-work mining operations that use behind-the-meter energy,…
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Potentials for Bitcoin in State Government
Our country is dealing with some of the highest inflation in a generation while COVID jitters and government restrictions shake the economy. But state and local policymakers are not powerless to protect their residents. There is always Bitcoin. In a time of inflation, ballooning government debts, and broader financial uncertainty, a Bitcoin-first policy would be a welcome…