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Satoshi Nakamoto’s ulterior motives — Bitcoin has some cult-like characteristics. The mysterious leader, the esoteric concepts, the devoted followers, and the proposed alternative monetary system are just some of the ingredients that make Bitcoin, at least from the outside, an exclusive club for certain personality types. This could also be argued about Manchester United supporters…

The propaganda antidote is a powerful pill — It’s been a while since I first heard about Bitcoin. My first reaction was underwhelming. It is natural to distrust new ideas and money that is not “official” seemed like a “too good to be true” idea. However, after reading, listening, and questioning my own dogmas I have learned a…

Better safe than sorry — Bitcoin is expensive, it’s useless and it’s going to zero. If I had a penny for every time I heard that I would be a Bitcoin millionaire. Most people (including investors) think of Bitcoin as a gamble. Put your cash there, the number goes up, make a tidy profit, then…

Financial advice for governments — Let’s face it, it is better to be rich than broke. Although this is a self-evident truth, most people seem to disagree with it. As individuals, we have been indoctrinated to play small, keep our heads down and dismiss the importance of money in our lives. Nothing wrong with that…

This is why it can not be replicated ever again Much has been said about Proof of Work, mining, and the energy expenditure of the Bitcoin network. Unfortunately, most of it is bullshit. This is mainly due to three reasons: First, keep in mind that many journalists feel obliged to…

Beware of the rabbit hole… — Going down the Bitcoin rabbit hole is a life-changing experience. When you come out at the other end you are no longer the same person. This is hardly surprising nevertheless. Whatever enterprise requiring learning, opening your mind, and challenging existing beliefs is bound to expand your mind, usually for the…

Via Negativa: Removing what shouldn’t be there — Once you realize that fiat money is doomed, you start looking for alternatives. Those altcoins seem enticing at first. They promise speed, low fees, smart contracts, and all those seemingly worthless NFTs that are nevertheless very expensive. One wonders, why buy old technology like Bitcoin when you can buy the…

Proof of Work vs Proof of Stake — Energy is right now a hot topic. Prices are increasing fast and Europe, in particular, is very vulnerable to this trend. The old continent is not looking forward to a cold and dark winter with energy costs skyrocketing and there seems to be no solution in sight. On the other…

7 Arguments to present a compelling case — We’ve all been waiting for the next Bitcoin, the crypto holy grail that can do everything Bitcoin does but faster, cheaper and better. Bitcoin is an obsolete technology invented 13 years ago, progress is exponential and the next big thing will eventually turn up and dethrone the current king. If…