VIRTUAL FUTURE MONEY

The feelings that arise in people, as described by the Chakras, are determined by the type of money they use. Editors note: some descriptions and other phrases are translated from this source.  Introduction Fiat currencies on the one hand and Bitcoin on the other are designed in a very different way. I will argue that […]

VIRTUAL FUTURE MONEY

The growth of bitcoin adoption in Ukraine offers a template for other countries where people seek dependable stores of value. This article describes the failure of centralized planning and government interventions in developing countries from the perspective of the Austrian school of economics. Numerous institutional and financial problems prevent ordinary citizens from achieving financial stability […]

VIRTUAL FUTURE MONEY

Beyond the numbers, what is “generational wealth” and how does bitcoin enable us to achieve this? Bitcoin Generational Wealth – The Prelude This article was inspired by a fellow Bitcoiner, @chadlupkes and his constructive criticism of my first article on generational wealth. My first article focused too much on the generational wealth calculations in his […]

VIRTUAL FUTURE MONEY

Like the revelation that the earth revolves around the sun, the discovery of a digital, sound money system in Bitcoin is a scientific revolution. It is a rare event for humanity to experience a change in worldview. You could say that the last time such an event truly took place was at the end of […]

VIRTUAL FUTURE MONEY

Bitcoin bear markets can be brutal. Don’t try to predict the next one — rather, be prepared for it! Bitcoin has had its fair share of bear markets in the past. Let’s briefly recap the most significant ones and see what we can learn from them. The 2011-2012 Bear Market The bitcoin price fell from […]

VIRTUAL FUTURE MONEY

The proof is in the pudding when it comes to Bitcoin’s proof-of-work mechanism versus a proof-of-stake consensus mechanism debate. There have been countless arguments surrounding both the proof-of-work (PoW) and proof-of-stake (PoS) as a means of gaining consensus on a blockchain network. Many people have been asking themselves which one is better, and why? In […]

VIRTUAL FUTURE MONEY

Adam Gibson, aka Waxwing, is the lead maintainer for one of Bitcoin’s most prolific CoinJoin projects. And he sees a bright future for transaction privacy. In a recent interview with Adam Gibson, aka Waxwing, lead JoinMarket maintainer and expert on CoinJoining, we talked about the exciting changes that we will see within CoinJoin transactions, how […]

VIRTUAL FUTURE MONEY

These bottom-up “transition agents,” from private business to the freedom ladder, will be what drives us all to hyperbitcoinization. This article is the second part in a series where we outline the views and predictions made by the Bitcoin community concerning the prospect of hyperbitcoinization. In our analysis, we highlight “transition agents”: main players, groups […]

VIRTUAL FUTURE MONEY

Real estate, the traditional store of value in modern times, has many attributes that make it an inferior choice to bitcoin for a store of value. This is not an introductory article explaining what bitcoin is and why other so-called “cryptocurrencies” cannot compete with its properties and network effects. There has been enough written about […]

VIRTUAL FUTURE MONEY

On-chain analysis shows that retail buying is accelerating while whale supply is declining. The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In today’s Daily Dive, we […]