Showing posts from October, 2024

The Whitepaper: The Simplest Ideas Are The Most Profound

It has now been sixteen years since the original publication of the Bitcoin whitepaper on the cryptography mailing list. Satoshi went and dropped the paper in the place it would be best received, where all of the cypherpunks and cryptography nerds w…

The Latest Fake Satoshi is the Fake Bitcoin Creator We All Need

A press release circulating yesterday proved yet again that there’s nothing the mainstream media loves more than some crazy nut claiming to have created Bitcoin. Follow Rizzo on X. https://x.com/pete_rizzo_/ In honor of White Paper Day, the late…

No, Today Is Not Bitcoin’s Birthday

Follow Aaron on Nostr or X . Some things in Bitcoin are just not up for debate. The plural of bitcoin is also bitcoin— not bitcoins. (One bitcoin, two bitcoin, three bitcoin…) Bits is a better sub-denomination than sats. (100 sats is actually …

David Marcus: From PayPal President To Bitcoin Believer

David Marcus is taking his experience as the former head of PayPal and Meta Messenger and applying it to building on Bitcoin’s Lightning Network. At Lightspark’s first partner summit, Lightspark Sync , he and his team rolled out new capabilities for…

Bitcoin Is Having Its Best Year Ever

I know, it’s a big statement, but really, the more I think about it, the more I’m convinced – looking back, 2024 will be remembered as the defining year for Bitcoin, the year Bitcoin transformed from magic internet money into a real institutional in…

Bhutan - Another Country Using Bitcoin To Escape Poverty

Having invested in startups for over twenty years I have deep respect for entrepreneurs trying to build a company. It is so difficult. And more often than not, it doesn’t work out. Developing a whole country, of course, is much more difficult. Many le…

21 Million Fashion Makes Bitcoin Clothes That Are Worth the Sats

Look, I like a certain kind of Bitcoin shirt. Follow Rizzo on X https://x.com/pete_rizzo_/ Yes, the tacky ones with  famous one-liners are fine , and so are the conference hand-outs. I, too, collect relics from crypto tragedies, holding on to my …

Money Electric: Being Distracted By Nonsense

Follow Aaron on Nostr or X . This weekend I finally got around to watching Money Electric, the HBO documentary that “reveals” Bitcoin Core contributor Peter Todd as the true identity behind Satoshi Nakamoto. It’s three weeks old by now and alre…

What Ark Could Potentially Learn From Lightning

Ark is the third major Layer 2 protocol with some form of unilateral exit or enforcement mechanism on the base layer to approach the point of launching on Bitcoin. Lightning came first when C-Lightning went live in the Reckless campaign in 2018, Sta…

Bitcoin Won't Let You Transcend Politics

We can’t transcend politics ‘because we have bitcoin now, bro’. Sometimes I see this kind of t-shirt or sentiment being shared online, but it’s simply misguided. Just to prove I’m not strawmanning, here’s another similar example: If you just m…

Satoshi Nakamoto Statue In Lugano Is Inspiring

Today, the city of Lugano in Switzerland unveiled an incredible statue honouring Satoshi Nakamoto, Bitcoin's anonymous founder. I found this tribute incredibly inspiring and beautiful. The statue was revealed at Lugano's Plan B conference…

Lightspark Announces New Bitcoin L2 and Upgraded UMA Capabilities

At Lightspark Sync, Lightspark’s first partner summit on Thursday, the company announced new products and features that will allow users to make global payments with both bitcoin and fiat. The company announced that it has launched an alpha version o…

Is Bitcoin Repeating Previous Bull Cycles?

Bitcoin’s price cycles have long been a source of intrigue for investors and analysts alike. We can gain insights into potential price movements by comparing current trends to previous cycles, especially with Bitcoin seemingly coming to an end of its …

Does Jack Dorsey Influence Bitcoin?

WHAT WE ARE READING: Funding Bitcoin I recently stumbled upon a fantastic report from 1A1z on "Funding Bitcoin." I was surprised to learn that Jack Dorsey funds over 60% of Bitcoin Core's development via different organizations: over…

Shielded CSV Protocol 🛡️

Introduction Bitcoin development today focuses on two major issues: (1) scaling and (2) privacy. The usual proposals to Bitcoin involve adding new opcodes and scripting tools. But an old idea is coming back, one that could make transactions more priv…

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