Tag: ideas

Jul 26 2021

Bitcoin Transforms Evil Into A Greater Good

Jul 26 2021 Published at Bitcoin Magazine under tags  culture ethics ideas philosophy

The duality of evil and good are reconciled in a technology designed to acknowledge inherent human characteristics.Bitcoin, Alchemy of Money: Transforming Evil Into Greater GoodBitcoin teaches us that evil can be overcome, not with resistance or punishment, but through our willingness to understand and integrate all sides of our nature. From resource wars to human rights abuses...

Jul 23 2021

The Hero’s Journey: Authentic Digital Ids For Bitcoin

Personalized authentic engagement design integrated into Bitcoin paradoxically transforms aspirations into unintended outcomes.The Hero’s Journey: Creating Authentic Digital IDs And Personalized Engagement For Bitcoin Decentralized/Distributed Systems...

Jul 17 2021

Stop Trying To Understand Bitcoin

Jul 17 2021 Published at Bitcoin Magazine under tags  culture ideas newcomers

We often utilize complicated systems without understanding them, and this should be no different for Bitcoin.One of the most common objections I still hear to holding any bitcoin is, “I just don’t understand what it is or how it works.” You, reading this right now, might even feel this way. You’re likely reading this article on the screen of a phone or...

Jul 15 2021

Bitcoin Is Absurd, Part II: Struggles For Satoshi

Jul 15 2021 Published at Bitcoin Magazine under tags  china communism culture ideas mining

The recent Chinese crackdown on bitcoin mining is confusing, but not incongruent with their ideology.Right now Bitcoin is experiencing a gigantic drop in hashrate due to the Chinese Communist Party (...

Work As Hard As You Possibly Can On Bitcoin

Jul 15 2021 Published at Bitcoin Magazine under tags  culture ideas proof of work

Every single Bitcoiner benefits from contributing to the growth, prosperity and strength of the network.Rule VII: Work As Hard As You Possibly Can On Bitcoin And See What HappensA reimagination of “Beyond Order” by Jordan Peterson through the lens of Bitcoin.Part 1...

Jul 12 2021

The Schumpeterian Bitcoin Cycle

There are countless elements in Bitcoin that structurally instill the process of Schumpeterian creative destruction into its ecosystem.Bitcoin embodies Schumpeterian creative destruction. Bitcoin also behaves like a physical natural resource, with unique differences that make it a driving force for effecting fundamental change, much like gold, oil or electricity has done.Bitcoin goes through periodic cycles...

Jul 06 2021

Do Not Create A Bitcoin Ideology

Jul 06 2021 Published at Bitcoin Magazine under tags  culture ideas philosophy

The very power structures we hope to abandon via Bitcoin pose to corrupt those involved in the space as much as any other.Rule VI: Abandon Bitcoin IdeologyA reimagination of “Beyond Order” by Jordan Peterson through the lens of Bitcoin.PrefaceThese essays mirror the exact chronological structure of...

Jul 01 2021

Bitcoin Is Absurd, Part I: Volcano Mining And The Banana Republic

Jul 01 2021 Published at Bitcoin Magazine under tags  culture history ideas philosophy

A philosophical dive into how truly absurd the slow but sure monetary takeover bitcoin has been experiencing is.Barely more than two weeks ago I listened live along with more than 20,000 others to President Nayib Bukele of El Salvador and his brother/campaign manager Karim discuss their country’s decision to officially make...

Jun 30 2021

Bitcoin’s Game Theory Is Not Cut And Dried

Jun 30 2021 Published at Bitcoin Magazine under tags  culture ideas philosophy

The often-cited idea is misunderstood in the context of how the world interacts with Bitcoin as a whole.Game theory is the science concerning the systematizing of strategic conflict and cooperation among rational actors. It was formalized in the mid-40s by the genius polymath John Von Neumann, and then it allegedly found its way into all kinds of science,...

May 13 2021

Bitcoin, And A Limitless Existence

May 13 2021 Published at Bitcoin Magazine under tags  culture ideas science thermodynamics

The limitations of the physical world and the limitless experience of information is combined in Bitcoin.Limitations Of The Physical WorldIf you were to ask a stranger, “What are the properties of a physical object?” They would likely say it can be touched, it has volume and mass, and is made up of atoms. If you were to ask about its limitations,...

May 10 2021

What Is The Ideal Bitcoin Culture?

May 10 2021 Published at Bitcoin Magazine under tags  community cultural culture ideas

It is up to us as Bitcoiners to decide what values we want to represent in the community and the industry.Teggy Altankhuyag is the COO and Co-Director of Coinfloor.This is a time of great change and great opportunity — both for the finance sector and, more widely, for society. We in the Bitcoin industry are actively participating in the...

Apr 18 2021

Bitcoin’s Silent Revolution: Technology And Invention, Plebeian And Ruler

Apr 18 2021 Published at Bitcoin Magazine under tags  culture freedom ideas

The characteristics inherent to technologies enable the increasing freedom of citizens under rulership; Bitcoin is one such technology.Technology and InventionWe must redefine two special words often spoken as synonyms—technology and invention. Technology is something that, once released, never disappears. An invention is something that, once invented, is destined to be “un-invented” or made...

Apr 02 2021

Bitcoin: The Aperture Of Money

Apr 02 2021 Published at Bitcoin Magazine under tags  culture energy ideas

Bitcoin concentrates monetary energy upon a single focus point, much like apertures focus light energy.Our perception of money is expanding. The way humans think about money, understand it, discuss it and interact with it is changing. As an inverse to previous regressions in freedom like the transition from the gold standard to the fiat standard, we now progress to the inevitably more...

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