Welcome to the 4th epoch.
Pumped for the halving? I sure as fuck am.
It’s an important occasion, marking the next step in bitcoin’s inevitable march to becomming not only the hardest money ever, but the first instantiation of objectively verifiable absolute scarcity that humanity has ever engaged with. As such, each step in this process, and in particular the early ones, are a big deal.
If demand remains constant, and supply is cut, there should be upwards pressure on price. Happy days!
But this is not the only story here.
As many who have engaged with bitcoin have noticed, bitcoin changes you. Of course, as everyone comes at bitcoin from a different perspective, the changes experienced are not uniform, but there are many similarities. …
Professor Jordan Peterson describes nature as ‘that which selects’, which I take to mean that all selective behavior is ‘nature’ at work.
But for the sake of this piece, I’ll approach nature as that force which unceasingly conjures up novelty, and ‘selects’ those most primed and capable of adapting to take advantage of what it offers.
What then, accounts for the things which emerge out of the natural world that are adopted and proliferate, and those which don’t?
If nature ‘selects’, by throwing out a never-ending stream of phenomena, and seeing which takes hold, then those it ‘selects’ first, must be the curious. …
So recently I started doing these rants or monologues where I just speak off the top of my mind on subjects that I find interesting or important.
Bitcoin has been an incredibly fascinating subject to me for many years, since Bitcoin was less than $1!! (Sadly I was not an early investor)
I don’t claim to have any special knowledge of Bitcoin, but as part of my ongoing learning process, I think it’s beneficial to periodically try to articulate my understanding. Doing so in a public forum seems to cause me to be more disciplined with my thoughts and my words, and it’s for that reason that I do it. …
As Co-founder and CEO of BTCC (and BTC China), one of the world’s longest-running Bitcoin exchanges (and also one of the biggest), Bobby is highly involved in the global Bitcoin and Cryptocurrency community.
Since 2015, Bobby and I have been sitting down for an annual chat to discuss the current state of all things Bitcoin.
Each interview is about 90 minutes long, and in them we discuss the merits of Bitcoin, ecosystem developments since our last chat, investing do’s and don’ts, price movements, adoption rates, and much more.
Of course, 2017 has been a breakout year for Bitcoin, with prices, adoption rates, and mainstream media attention skyrocketting. This year has also seen the explosion of ICO’s, as ever more projects (both legit and not) come online, and speculators see an opportunity to make a quick buck. …