Tag: ideas

Dec 06 2021

Facing The Chasm: The Future Of Bitcoin And The Metaverse

Dec 06 2021 Published at Bitcoin Magazine under tags  culture ideas metaverse technology

Bitcoin will play a pivotal role in the transfer of information from the physical realm to the digital.We tend to think of the world as the past, present and future, and as these distinguished moments in time. However, we intuitively know that this is not the case. Instead, we are always in a state of flux, this slow progressive evolution in order...

Dec 05 2021

Examining The Lindy Effect And Bitcoin

What is the phenomenon referred to as the Lindy Effect, and how does it relate to Bitcoin?As Bitcoin quickly approaches its teenage years, it’s time to dig into why the fact that it has survived this long makes it incredibly likely that it will continue to survive, and thrive long into the future. In this article we examine The Lindy effect. We...

How Proof-Of-Work Is Useful Beyond Bitcoin

Like many things, proof-of-work as a concept can be applied in one’s own life beyond the idea of bitcoin mining.Anyone who has studied bitcoin for a while knows that proof-of-work in bitcoin mining is the key to the security and to the unforgeable nature of the protocol. Bitcoin mining in 2021 requires that miners use purpose-built computers [called ASIC’s] to convert real-world...

Dec 04 2021

How Bitcoin Has Characteristics Of Veblen Goods

What are Veblen goods? How are they different from regular goods and commodities and how is bitcoin a Veblen good?Watch "Bitcoin Is A Veblen Good" On YouTube. For most products and services, there is an inverse...

Nov 28 2021

Bitcoin And How To Separate The Wheat From The Chaff

Nov 28 2021 Published at Bitcoin Magazine under tags  culture ideas signal

Bitcoin comes amidst a time of great noise and distraction; how does one identify and extract true signal?Since I started investing, a concept I learned in my scientific background has helped me realize that there is a great mix of noise and signal in the information available to the average investor. In all news portals, there is always a great mix between...

Bitcoin And How To Separate The Wheat From The Chaff

Nov 28 2021 Published at Bitcoin Magazine under tags  culture ideas signal

Bitcoin comes amidst a time of great noise and distraction; how does one identify and extract true signal?Since I started investing, a concept I learned in my scientific background has helped me realize that there is a great mix of noise and signal in the information available to the average investor. In all news portals, there is always a great mix between...

Bitcoin And Biases: Agnotology, The Making And Unmaking Of Ignorance

Nov 28 2021 Published at Bitcoin Magazine under tags  bias culture education ideas philosophy

Bitcoin is often subject to misinformation and misrepresentation which in turn creates misconceptions and biases against bitcoin.“Real knowledge is to know the extent of one’s ignorance.” - ConfuciusPrevious articles talked about Bitcoin and the cognitive biases that lead to misconceptions about Bitcoin....

Nov 26 2021

Bitcoin And Satoshi’s Seed: From Descartes To Quantum Play

Nov 26 2021 Published at Bitcoin Magazine under tags  culture ideas philosophy

Further exploring the dynamics of Bitcoin and play, we find chaos the necessity for creative potential.“We are powerfully imprisoned in these Dark Ages simply by the terms in which we have been conditioned to think.” — Buckminster Fuller To many Bitcoiners, “Bitcoin is hope” and the future appears bright. However, this is not the case for many non-Bitcoin people right now. Despite...

Nov 15 2021

Like Bitcoin, Everything Important Is Proof-of-Work

Bitcoin is simply one of many proof-of-work systems that creates the most important outputs and skills in the world.In a moment of balance and strength, I felt my muscles stiffen, the pressure against my right triceps increasing. Flirting with gravity, I engaged my core like I had a hundred times before, raised my hips a little higher, and started angling my upper...

Nov 06 2021

Why The Ancient Greeks Would Have Referred To Bitcoin As The Work Of Daedalus

In a world of destruction and creation, Bitcoin is the work of Daedalus, a representation of everything just, useful and beautiful.Throughout the whole of history many means of exchange have disappeared. Supposing that money as we know it today, were to also disappear? The world would not miss it for a single day, for its disappearance alone would reveal that it had...

Oct 31 2021

Bitcoin Community Projects Communicate The Message Of Freedom

Oct 31 2021 Published at Bitcoin Magazine under tags  community culture ideas philosophy

Projects like the Declaration of Monetary Independence are examples of how the bitcoin community can bring powerful messages to greater audiences.Aspirational projects like the Declaration of Monetary Independence are designed to engender strong feelings — that’s part of their power. Much contemporary art was made about the American Independence movement,...

Does The World Need A Declaration Of Monetary Independence?

A collaborative effort in the bitcoin community to establish the reasons for separation of money and state.There comes a time, in the face of great discomfort and uncertainty, where one is obligated to stand in defiance against an established rule-set with which they may be conflicted. Social contracts are a necessity for organization and the development of civilization. Cultures and societies —...

Oct 29 2021

My Late Night Bitcoin Epiphany

Oct 29 2021 Published at Bitcoin Magazine under tags  culture ideas sound money

In a late night fever, I had to explain to my friends the importance of the mission of Bitcoin and the economic clarity it provides. My 2 a.m. Bitcoin Epiphany from January 12, 2020, that I sent to my...

Oct 27 2021

Bitcoin: A Second Chance For The Muslim World

Bitcoin is the sound money that the Muslim world needs to accelerate into the future.The Ottoman suppression of the printing press is a poster child case of intellectual stagnation in the Muslim world. Although there was no outright ban, there is no denying of a...

Bitcoin, Gravity And Universal Connection

Bitcoin is a universal consensus that could be a framework for grand operations of connectivity.In a previous piece I argued that Bitcoin provides society with the strongest possible truth-based foundation from which to build upon and that therefore its widespread adoption is necessary for life on earth to take its next great leap forward. I believe this leap forward will be driven...

Oct 24 2021

An Ode To Bitcoin, Virtuous And Fair

Oct 24 2021 Published at Bitcoin Magazine under tags  culture ideas philosophy

Of course institutions disregard Bitcoin — it represents the aspects of freedom and private ownership that are in direct opposition to them.Bitcoin è Galant-Vomo: Bitcoin Is A Man Of Honor The first thing to ask about Bitcoin is what it is, rather than what it is worth. Determining its value is as simple as dividing the amount you want by 21 million,...

Oct 23 2021

How Bitcoin Fits Ivan Illich's Vision For The Future

Bitcoin is in direct opposition to the monopolies Illich envisioned as ensnaring the world economy through the financial access it provides. The work of Ivan Illich — ronin of the Catholic Church, “errant pilgrim,”...

Oct 21 2021

A Timeline Of Bitcoin And The Six Groups Who’ve Bought It

Throughout Bitcoin’s lifetime, different people have participated in the network based on different desires.Originally published in The Conversation, under Creative Commons licence CC-BY-ND. Updated here by the author.Mainstream commentators are often...

Bitcoin And The Philosophy Of Free Choice

Oct 21 2021 Published at Bitcoin Magazine under tags  culture ideas philosophy sovereignty

Bitcoin allows people to opt out of systems not designed to their benefit, and creates a “network state” of like minded thinking.The profoundness of philosophy is typically measured in extremities and diversions from a central understood point. This can address the thought collective, or the individual, when discussing knowledge and experiences with the intention of developing a grandiose understanding of the...

Oct 20 2021

How Bitcoin Brings Financial Literacy To Everyone

Oct 20 2021 Published at Bitcoin Magazine under tags  culture education ideas

Discovering and understanding bitcoin can be a catalyst for people to explore the origins of money and the world of finance. Credit: Rawpixels Bitcoin allows us to study and...

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