What is the Bitcoin Blocksize Debate and why should you care? In this episode, I discuss the civil war going on in the Bitcoin community, and how it might impact the future of Bitcoin and all cryptocurrencies. Resources: Fulfilling...
Everyone recognizes that Bitcoin – and blockchain technologies in general – have scalability issues. But what if Bitcoin, by its very design, can only address half the problem? Imagine an alternate reality. It’s 1996. Larry Page and Sergey Brin...
A short explanation of Bitcoin, how it works, and how it differs from government-backed currencies like the U.S. Dollar.
The late 1990’s gave us Ricky Martin, fears of Y2K, and the Great Dot-com Bubble. I was involved with a prototypical Internet startup at the time – the founder and I worked in his basement, and within a few years we had over 300 employees. We...
The cryptocurrency market has been going crazy lately, as FOMO (Fear of Missing Out) has taken hold. And it’s not just Bitcoin: the value of all cryptocurrencies has been skyrocketing in recent months, raising the value of the overall...
Cryptocurrency requires an exercise in imagination: imagine a world in which money can be completely controlled by individuals, and sent globally cheaply and quickly. Imagine a world in which governments can’t inflate the money supply to fund...
One of the primary sub-debates occurring in the Great Bitcoin Scaling Debate is the role of “governance” in a cryptocurrency. Recently this one flared up again, with Adam Back, CEO of Blockstream, declaring: @iang_fc @el33th4xor...
More than eight years ago, Satoshi Nakamoto introduced to the world his “peer-to-peer electronic cash system,” Bitcoin. From this description, Satoshi’s obvious intention was to replace cash by creating a new way of making payments. Whether it...
The price of one Bitcoin is dancing around $1,000, which means it’s time for the mainstream media to start paying attention again. Cue the comparisons to Beanie Babies and tulip bulbs. Even with its meteoric rise, Bitcoin is still a mystery to...
InAugust 2015, to little fanfare, the cryptocurrency Dash launched the first functioning decentralized governance system. The Dash Budget System (DBS) was a method for allocating funds from the Dash blockchain’s block rewards to projects that...
Last week I felt as if a time machine had taken me back to the late 90’s. That’s when I was involved with an internet start-up and got to watch endless dotcoms pop up like critters in an out-of-control game of whack-a-mole. With each IPO the hype...
Our kids used to have a sandbox in the backyard. One day two of my young daughters were in the sandbox, and they started to fight over a toy pail. Although there were plenty of other toys both in the sandbox and strewed throughout the yard, all...
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