Tag: bitcoin circular economy

Mar 12 2021

Nassim Taleb, Bitcoin And The Law Of Large Numbers

Speculation that bitcoin will become a widely-used global currency seems to be a better bet now than ever before.Nassim Taleb, famous for writing “The Black Swan,” and equally for his mathematical work in trading, was once a Bitcoiner. Recently, he has sold his bitcoin,...

Nov 25 2020

Celebrate Bitcoin Black Friday, Propel The Bitcoin Circular Economy

Bitcoin Black Friday was started by Jon Holmquist in 2012 as a way to co-opt a mainstream celebration of consumerism and help Bitcoiners promote their favorite technology. By encouraging merchants to offer discounts on their goods and services when shoppers paid with BTC, the holiday became a showcase for Bitcoin as a payments system, a tool to encourage more businesses to adopt it...

It’s Time To Join The Bitcoin Circular Economy

Makers of 3D-printed guns operate by the motto, “Free men don’t ask permission.” They don’t ask the State for permission to bear arms. They don’t rely on gun manufacturers to make a gun that they’d like to see developed. In doing so, 3D gun printing functions parallel to, and outside of the legacy model of regulated manufacturers producing compliant and serialized guns that...

Nov 24 2020

The Virtuous Cycle of Bitcoin Giving

Higher Prices Mean More Giving. More Giving Means More Adoption Bitcoin has left every other asset class in the dust. And that outperformance didn’t just take place this year — it’s outperformed every asset over the last five-year and 10-year periods. As we approach a new all time high, 99 percent of bitcoin owners are in profit. Given how rapidly bitcoin has appreciated,...

Nov 06 2020

Because Bitcoin Is A Necessity, Its Economy Will Be Circular

Bitcoin is the perfect money in that it embodies all of the properties and functions of money — as a store of value (SoV), medium of exchange (MoE) and unit of account (UoA) — and does so in a way that any person or participant, from anywhere in the world can: Save without having their wealth invisibly stolenSpend without some big-brother-type institution...

Oct 21 2020

PayPal Introduces Ability To Buy, Sell And Hold Bitcoin

Major online payments company PayPal today announced the launch of a service that will allow its customers to buy, sell and hold bitcoin, along with other select cryptocurrencies, directly from their PayPal accounts. This could create a brand new on-ramp to BTC for a huge new consumer base with interest in digital payments, as the service has some 300 million users. PayPal will...

Sep 30 2020

Four Lies About The Bitcoin Circular Economy

A Bitcoin circular economy is a closed-loop system that designs out all of the corruption and headache of dealing with central bank-issued money. As savings technology is still the largely dominant story for Bitcoin, it’s helpful to take a closer look at a few lies about a topic that’s growing in popularity: the Bitcoin circular economy. A Bitcoin circular economy requires ways to...

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