If Bitcoin Core developers were to propose a contentious fork of Bitcoin, and MicroStrategy holds a significant percentage of Bitcoin’s total supply (currently over 386,700 BTC, or approximately 1.84%), the company and its CEO, Michael Saylor, could wield substantial influence over the outcome. Their influence would depend on several factors, including their public stance, voting […]
Bitcoin’s journey from obscurity to becoming a global financial phenomenon has been nothing short of extraordinary. Early investors in Bitcoin saw astronomical returns, transforming small investments into life-changing fortunes. But as Bitcoin matures, the concept of diminishing returns has become increasingly relevant. In this post, we’ll explore what diminishing returns mean in the context of […]
The meteoric rise of Bitcoin has created extraordinary wealth for early adopters. When Bitcoin was trading at $10 or $100, many wealthy individuals and institutions poured millions into the cryptocurrency. As Bitcoin rose to $1000 and eventually to $100,000 per BTC, even more capital followed, creating billionaires almost overnight. But as Bitcoin matures and the […]
Over the past decade, cryptocurrency has transformed from an obscure, niche innovation into a cultural and financial phenomenon. Bitcoin, the original cryptocurrency, sparked the imagination of technologists, libertarians, and dreamers alike. It was a revolution in how we think about money, sovereignty, and the digital world. Yet, as Bitcoin grew in recognition, so too did […]
Bitcoin has experienced dramatic highs and devastating lows throughout its history. Its inherent volatility is one of the main risks and rewards of investing in the cryptocurrency. But what would happen to MicroStrategy, the company led by Michael Saylor, if Bitcoin experienced a catastrophic bear market—where its value plummeted by 75%-90%? MicroStrategy, which now holds […]
Bitcoin, often lauded as a decentralized and distributed digital asset, has its foundation in the idea of removing centralized power structures from the control of money. Satoshi Nakamoto’s vision was a global network where no single entity could exert undue influence over the currency. However, as Bitcoin has matured, it has drawn significant interest from […]
Bitcoin, the world’s first cryptocurrency, has experienced several dramatic cycles since its inception in 2009. Each bull run has been driven by a combination of technological innovation, institutional adoption, and market dynamics. This blog will explore the key players and factors that fueled each Bitcoin cycle, from its early days to its current surge toward […]
Introduction In the ever-evolving world of cryptocurrency, two giants stand out for very different reasons: Bitcoin, the original cryptocurrency that started it all, and Solana, the high-performance challenger that’s reshaping what’s possible with blockchain technology. Whether you’re an investor, developer, or simply crypto-curious, understanding the key differences between these two blockchain powerhouses is crucial for […]
The proposal for the United States to create a national Bitcoin reserve, as suggested by Senator Cynthia Lummis, has sparked fascinating debates about how the government might fund such a move. Should the US sell some of its gold reserves to buy Bitcoin, or simply issue more debt? Each path carries significant implications—not only for […]
The proposal by U.S. Senator Cynthia Lummis to establish a strategic Bitcoin reserve, potentially funded by reallocating Treasury gold holdings, has sparked significant debate. This idea, which would see the U.S. Treasury purchase up to 1 million Bitcoin (around 5% of its total supply), is bold and unprecedented. But beyond its impact on U.S. monetary […]
The cryptocurrency space has always thrived on the promise of innovation. From Bitcoin to Ethereum to Solana, and now to newer chains like Sui, Aptos, and Celestia, the narrative has been about progress: faster, cheaper, more scalable. But as the years go by, a pattern emerges—a chain of hype, speculation, and eventual abandonment. The cycle […]
Cryptocurrencies like Solana, Sui, and Aptos (along with countless other brand new blockchains/tokens) have been gaining in speculative-popularity, each touted as revolutionary technologies capable of transforming the internet, finance, gaming, and beyond. Their creators promise a decentralized, efficient, and user-friendly future. But behind the slick marketing campaigns and lofty promises lies a harsher reality: these […]
America’s national debt stands at a staggering $36 trillion, with unfunded liabilities exceeding $100 trillion. While these numbers might seem insurmountable, the United States enjoys an unparalleled advantage that could turn this apparent crisis into a golden opportunity: the world’s insatiable demand for dollars. By strategically leveraging stablecoins and tokenized treasuries, America could solve its […]
The global financial landscape is undergoing a seismic shift. Traditional currencies and banking systems are being challenged by decentralized technologies, creating new opportunities for how we save, spend, and think about money. At the center of this transformation lies a powerful synergy: Bitcoin and stablecoins. This dynamic pairing could form the bedrock of a future […]
Over the last fifteen years, the U.S. national debt has skyrocketed to over $36 trillion, a figure that might sound alarming to most observers. Conventional economic wisdom holds that such massive levels of debt are a liability, a ticking time bomb that threatens the financial stability of the United States. However, contrary to this popular […]
Bitcoin and Litecoin are two of the most established and widely known cryptocurrencies. Both have achieved remarkable success since their launches, but Litecoin often lingers in Bitcoin’s shadow despite offering unique advantages. This post dives deep into the comparison between Bitcoin and Litecoin, evaluating their technical features, use cases, and market dynamics. Let’s dive in… […]
In the crypto world, it’s incredibly common to see projects that promise groundbreaking innovation, world-changing applications, and endless returns for early adopters. But as the hype fades, the vast majority of these projects fail to deliver, often taking years to reveal that their grand visions were just mirages. Unlike traditional pump-and-dump schemes, these long-term “drain […]
Could Bitcoin Pay Off the U.S. National Debt? Here’s What It Would Take… In the face of a towering $36 trillion national debt, the idea of the U.S. paying it off with Bitcoin may sound like a tech investor’s dream—or a wild thought experiment. But let’s take a serious look: if the U.S. government used […]
In short: maybe. There’s no direct or conclusive evidence to back this idea up, and everything that follows is speculative. But when you look at the big picture, the pieces seem to fit together remarkably well… MicroStrategy has captured global attention for its relentless Bitcoin acquisition, often raising questions beyond traditional corporate strategy. With over […]
Have you ever wondered what it would take for the United States to pay off its entire national debt using only its gold reserves? In this post, we’ll walk through the calculations to determine the gold price per ounce required to completely offset the current U.S. debt. Spoiler alert: it’s a much higher price than […]
In the rapidly evolving world of blockchain technology, two newcomers have been making waves: Sui and Aptos. Both platforms promise to deliver high-performance, scalable blockchain solutions that address the limitations of existing networks. This comprehensive comparison will explore the key features, strengths, and potential drawbacks of both Sui and Aptos, helping you understand their unique […]
If you’re new to crypto, you might have heard about Fully Diluted Valuation (FDV) but not fully grasped its significance. It’s one of the most critical metrics to evaluate, yet it’s often overlooked or misunderstood—leading to serious miscalculations about a token’s future potential. Let me break it down for you and show you why a […]
This is an outrageous post title: of course Bitcoin is better money than the Solana meme coin ‘Bonk’, right? Well, maybe, but also maybe not. What is money? What should money be? Money in the modern era should be digital, almost free to transact (preferably free to send and receive), able to scale to millions […]
When reading crypto-news articles I’ve found financial organization acronyms a plenty! Here’s some of the most common: •CFR – Commission on Foreign Relations•FSB – Financial Stability Board•WEF – World Economic Forum•SEC – Securities and Exchange Commission•UN – United Nations•NATO – North Atlantic Treaty Organisation•BIS – Bank for International Settlements•UFTC – United States Commodity Futures Trading […]
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Andrew Craig on Gold ETFs
“A concern I always had with precious metals ETFs, is that there is about fifty times as much theoretical gold in the world as physical gold.” -Andrew Craig, in the book ‘How to Own The World’.
The mystery of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, remains one of the most tantalizing questions in modern finance and technology. Chief among these mysteries is the fate of the roughly one million bitcoins believed to be controlled by Satoshi. At the current market price, these coins represent a fortune so vast that their eventual use—or […]
If Bitcoin were to replace the US dollar as a global currency, it would likely have significant economic and geopolitical implications. However, it’s important to note that such a scenario is highly speculative and uncertain. If it were to happen, the US government and financial institutions might respond in several ways, including: It’s crucial to […]
The development and updates of the Lightning Network are typically decided upon through a collaborative and open-source process involving multiple contributors and developers from the broader Bitcoin and Lightning community. There is no single central authority that makes these decisions. Key decisions regarding the Lightning Network often involve: Ultimately, the decentralized nature of Bitcoin and […]
Approximately 6.25 new bitcoins are mined every 10 minutes (see note on the ‘bitcoin halving cycle’ below), which equates to approximately 900 new bitcoins per day. This roughly translates to around 328,500 bitcoins per year. As of October 2023, one bitcoin is worth approximately $28,000, so doing the math: = 328,500 × $28,000 = $9,184,000,000 […]
The size of the entire Bitcoin blockchain grows at a pace of approximately one additional megabyte of data (known as a block) every ten minutes (and has done since it began way back in 2009) — making it (so far) approximately 500GB in size (so half a terabyte, i.e. 0.5TB). The 1MB block size allows […]
Trying to find out how big the entire Bitcoin blockchain (also known as the Bitcoin ‘ledger’) is? The size of the entire Bitcoin blockchain grows at a pace of approximately one additional megabyte (MB) every ten minutes (and has done since it began way back in 2009). As of August 2023 it is a pretty […]
There are about 900 brand new bitcoins mined/created per day. There are about 7 billion people on Earth. So splitting all 900 new bitcoins equally, allocating an equal share of all of these to everyone on Earth each day, would result in 900/7,000,000,000 bitcoins = about 0.00000012857 bitcoins per person. A bitcoin is divisible by […]
There’s this question I keep coming back to: “If Bitcoin had been able to match Visa’s transactions per second from the start, what would its value be now, today?” Bitcoin can handle about 7 transactions per second. For comparison, Visa can handle somewhere in the region of up to about 25,000 transactions per second. Clearly […]
Whilst going through hundreds of emails and forum posts written by Satoshi Nakamoto (all of which are documented for posterity at the Satoshi Nakamoto Institute), one particular correspondance I came across stopped me in my tracks. Why? Because it — an email written by Satoshi himself no less — talks about scaling Bitcoin (a topic […]
Have you ever wondered how proof of work (the mechanism by which new blocks are added to Bitcoin – a.k.a ‘mining’) solves the Byzantine Generals Problem? Well, who better to try to explain this than the creator of Bitcoin himself: Satoshi Nakamoto. Interestingly, everything Satoshi Nakamoto wrote is recorded for posterity on a website called […]
There’s a lot to appreciate looking back at all the various things Satoshi Nakamoto (the creator of Bitcoin) wrote in emails, mailing lists, and forums (and boy did he write quite a bit). If you happen to already understand Bitcoin you’ll quickly see some of the early-thinking-brilliance of Satoshi in many of the below quotes, […]