In order to understand Bitcoin’s potential role in the future, we must understand the monetary system of the present.
Bitcoin has various use cases and applications that shouldn’t be ignored for narratives that obscure more than educate.
The State Duma of Russia, the lower house of parliament, has passed a law permitting law enforcement authorities to seek confiscation of illegally obtained funds from government officials, including cryptocurrency. The state may attempt to seize the assets through court if they exceed the officials’ income. New Law Allows Russia to Prosecute Officials With Illegal […]
Bitcoin exhibits properties of money that have existed far longer than the protocol and that helps facilitate its rapid growth.
It’s likely not what you think — because most people are asking the wrong question.
Only by reflecting on the fundamentals of how we transact can we understand what money is and how bitcoin is another evolution of money.
Technologies that were state of the art 50 years ago will be usurped by Bitcoin as the superior technology makes itself apparent.