The original purpose of banks was to safeguard their depositors’ assets. Plain and simple. This was a “Free Banking System”. A simple contract between 2 parties, the depositor and the bank. In my last debate regarding the Lightning…

tl;dr

1. The people using Bitcoin must realize that Bitcoin has well-defined constituencies and knowing what a healthy relationship looks like between each is a huge benefit for the things Bitcoin was originally created for.

tl;dr

Items covered:

1. The play by play of what went down after the 2017 Consensus Conference in NYC from my perspective
2. My thoughts on why Segwit2x failed to get a block size increase

Recently, I was asked what I thought of a particular “blockchain” training course. I appreciate being asked this question because I am still learning this very thing myself. I also appreciate being asked this question during “the crypto winter”. Time spent advising…

In another Medium article, I laid out my case for why the Lightning Network (LN) (or any second tier network) is bad for the future of Bitcoin. In this article, I dive a bit deeper on why becoming a LN…