The OP_RETURN drama in 2 minutes:

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OP_RETURN saga explained in 2 minutes — 2 minute bitcoin

A concise explanation of the OP_RETURN debacle

Bitcoin is about to experience a civil war 2.0. The core developers seem to be acting in suspicious and unreasonable ways. Bitcoin Knots has grown usage by 700%+ this year. Bitcoin v0.30 is introducing a concerning change regarding the OP_RETURN filter. Vote. Run a node.

Spain’s Tax Office accused of coercion, harassment, and privacy rights violations

Spanish Tax Pickpockets - Stop predatory taxation against foreign earners

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Have you been subjected to unfair tax claims, audits, or seizures by Spain's Hacienda? We are fighting back. Join with other victims and conta...

Who do you think creates and allocates ***the majority*** of money supply? A) government B) central bank C) private banks D) mix between all

gm pv. anyone out here?

Bitcoin’s killer use case will be global payments. In a digital world, talent will be outsourced to its cheapest location. But with traditional payment rails, these workers will get taxed ~50% right out the gate! Not to mention income tax 20-40% later. Death, taxes and tax avoidance will always live on.

The system will collapse. Most people refuse to believe this possibility. Especially the older generations that have heard these warnings time and time again over many decades or the better part of a century. Can't blame them too much - but one has to remember that a broken clock is right twice in a day. It’s coming, although nobody can predict when. Society changes when money dies. Take for example the Roman Empire which went fiat by way of diluting the denarius of its silver content > From a purity of greater than 90% silver in the 1st century AD, the denarius fell to under 60% purity by AD 200, and plummeted to 5% purity by AD 300 (Wikipedia) People became more degenerate whether by social engineering or just declining societal morals and ethics. People in occupations that were deemed beneath them also became celebrities in a way. Gladiators, actors, entertainers, chefs and so on went from being looked down on to becoming celebrities. Ring a bell today? Time will ultimately show us. Better be stacking sats in the meantime.

The question of which money humans will choose, therefore, boils down to which good, or goods, any individual believes will best store the sum total of their lifetime of daily labor (i.e., their life force). Because the most important trades we make are the ones we make with our future selves, humanity’s Darwinian propulsion towards holding the soundest money possible is based on our intuitive understanding that the longer our choice of money can hold its value, the greater the potential compounding benefits of our life-to-date-production. Our timeless search for ever-sounder money is an individual, intuition-based optimization – as unstoppable as evolution – because we instinctively know that our survival is at stake. Will our life force be durably storable in a particularly wellchosen money, and therefore potentially accumulate, enhancing our potential longevity? Or will it dissipate, no matter how hard we work, because we chose the wrong storage vessel, threatening our very lives and those of our progeny? - an excerpt from the 2-minute version of Stone Ridge 2020 Shareholder Letter

2 minute bitcoin

Stone Ridge 2020 Shareholder Letter by Ross Stevens — 2 minute bitcoin

The shareholder letter of 2020, where Ross Stevens, the author and CEO of Stone Ridge Asset Management, presents a concise overview of the first pr...

Bitcoin Education is profoundly important. As most who have dived in the rabbit hole know, there are an immense amount of concepts, sciences and history to learn. But without said knowledge, conviction about Bitcoin cannot be reliably built. The only way we reach a world-wide Bitcoin standard is when a majority of the world learns and appreciates its benefits. We try to help as much as we can by summarizing and hopefully making it more accessible to a greater number of people.

Bitcoin teaches you: - Game Theory ✅ - First Principles ✅ - Economics ✅ - Simplicity ✅ - Self Reliance and Independence ✅ - Network Effects ✅ - Human Psyche ✅ - Monetary Systems ✅ - Capital Markets ✅ Opt out of fiat education and teach your kids Bitcoin! Hopefully our project helps.

Humans function through their network. Our unique ability to abstract, tell stories, and orient ourselves around the stories allow us to function like a single organism. That is what the world economy is. We communicate with words and prices to shift allocation of resources to the highest and best use - at least in a purely free market. In that context, the railroads and resulting interconnection - the ability to move things around were key to economic development. -- an excerpt from the Saylor Series Episode 2 - the Rise of Man through the Dark and Steel Ages, its 2-minute version can be found here

2 minute bitcoin

The Saylor Series Episode 2 - The Rise of Man through the Dark and Steel Ages (Robert Breedlove's What Is Money Show) — 2 minute bitcoin

The Saylor Series Episode 2 condensed from 13,546 words into just 476. This 2-minute bitcoin read follows Michael Saylor

BITCOIN HAS NO PRICE CAP We say it all the time, but it's literally true. Learn why 👇 Most simply said - money becomes more useful and more valuable the more people use it. i.e. its value AND utility BOTH rise as people start using it. Money is a different type of asset. 🦊 It doesn't have an "underlying value" like a cash flow of a business. Conventional investing call this an "unproductive" asset but that's a derogatory term for no reason. The underlying value of money is how widely accepted it is. That's a fundamental network effect. The main thing that drives people to adopt it in the first place is its underlying properties - which we know #Bitcoin  excels at. 1. more adoption 2. more useful 3. more valuable (price up) The rational response of everyone else is to try to get more themselves, resulting in a positive upward spiral -> 2) and 3) make people want to do 1) more, which makes 2) and 3) go up! This incentive is the polar opposite of conventional investing. If a stock gets too expensive, its value decreases because an investor buys a smaller share of the company's revenue for more dollars. Contrastly, $100 of Bitcoin today is MUCH MORE VALUABLE than $100 of Bitcoin years ago because it is spendable at more places. This makes it both more useful (utility) and safer (downside risk), which unblock further adoption. What we described here is a unique positive feedback between price and value. This feedback loop makes the growth of Bitcoin self-sustaining. There is no top until EVERYBODY adopts it.

We’ve been gone for a while How is everyone doing? 🤙

The nature of an intermediary is one that can extract perpetual profits from anyone doing business in its network. And that’s what money is - a network of trust. This is why the governments have been so keen to monopolize it - it gives them essentially unlimited power and wealth, as they possess the ability to confiscate the wealth of their citizens. Such gatekeepers are not only governments but also private monopolies or cartels. - Rockefeller with Standard Oil - owned the whole end-to-end distribution of oil. - Big Tech - Apple gets to tax **30%** of any transaction on their App store. - Commercial banks get to tax any operation with money, including financial asset purchases (they’re often the only market maker) -- an excerpt from the Saylor Series Episode 2 - the Rise of Man through the Dark and Steel Ages, its 2-minute version can be found here

2 minute bitcoin

The Saylor Series Episode 2 - The Rise of Man through the Dark and Steel Ages (Robert Breedlove's What Is Money Show) — 2 minute bitcoin

The Saylor Series Episode 2 condensed from 13,546 words into just 476. This 2-minute bitcoin read follows Michael Saylor

In the same way a stock certificate is title to company capital, money is title to human time. People sacrifice their time for money, which enables them to trade for commensurate sacrifices from others. When prices are distorted, we are each inhumanely robbed of making fully informed personal choices with our time. -- an excerpt from the Stone Ridge 2020 Shareholder Letter, its 2-minute version can be found here

2 minute bitcoin

Stone Ridge 2020 Shareholder Letter by Ross Stevens — 2 minute bitcoin

The shareholder letter of 2020, where Ross Stevens, the author and CEO of Stone Ridge Asset Management, presents a concise overview of the first pr...

Today's volatility in Bitcoin is nothing more than the logical path of price discovery, bubbles, leverage, and manipulation as adoption increases by orders of magnitude. See the gold price during the german hyperinflation to get a sense of how these things naturally work: - an excerpt from the 2-minute version of Gradually, Then Suddenly (2019)

2 minute bitcoin

Gradually, Then Suddenly (2019) — 2 minute bitcoin

In the digital age, things happen gradually, then suddenly fast. Hyperinflation, bank runs and crises all unravel at the speed of light. Bitcoin e...

Money becomes more useful and more valuable the more people use it. As more people begin to hold money, its value and utility both rise. The rational response of everyone else is to try to get more themselves, resulting in a positive upward spiral. This incentive is at **the polar opposite** of conventional stocks. If a stock gets too expensive, its value decreases because an investor buys a smaller share of the company's revenue for more dollars. Contrastly, $100 of Bitcoin today is **much more valuable** than $100 of Bitcoin years ago because it is spendable at **more** places. This unique positive feedback between price and value makes the growth of Bitcoin self-sustaining. There is no top until everybody adopts it. - an excerpt from the 2-minute version of It's Not About The Technology, It's About The Money (2016)

2 minute bitcoin

It's Not About The Technology, It's About The Money — 2 minute bitcoin

Learn why Bitcoin has no top in price until everybody adopts it. Money has a positive network effect - it becomes more valuable the more people use...

Sound money – along with language – were the first, and have forever been the most important, human networks responsible for human flourishing. Imagine life without them. -- an excerpt from the 2-minute version of Stone Ridge 2020 Shareholder Letter

2 minute bitcoin

Stone Ridge 2020 Shareholder Letter by Ross Stevens — 2 minute bitcoin

The shareholder letter of 2020, where Ross Stevens, the author and CEO of Stone Ridge Asset Management, presents a concise overview of the first pr...

Bitcoin differs from other cryptocurrencies by its soul. Reinventing a monetary system takes irrational zeal and an unwavering commitment to a firm vision of the future. No other project is building a system to last **decades** and face the State head on. Success for other cryptocurrencies is an exit. At a stark contrast, for Bitcoiners, success is the day when **no exit** is required. People confused the blockchain revolution as a technological one - “if we can create the most advanced algorithm for securing a blockchain, we will win”. It was always a political revolution. Going against the state requires hundreds of millions of diehards that believe in a **stable set of values** - clever cryptographic gimmicks cannot inspire and win devotion. - an excerpt from the 2-minute version of A Most Peaceful revolution, originally posted at

2 minute bitcoin

Bitcoin - A Most Peaceful Revolution (2 minute summary) — 2 minute bitcoin

Bitcoin is a peaceful revolution - an alternative system going against the state

In Nazi Germany in the 30s, all the Jews had their money locked up in Germany. Bankers allowed people to launder their money out, but would take a haircut of 10%, 20%, 30% which progressively grew to 90%. At that point, nobody wanted to leave! -- an excerpt from the Saylor Series Episode 2 - the Rise of Man through the Dark and Steel Ages, its 2-minute version can be found here

2 minute bitcoin

The Saylor Series Episode 2 - The Rise of Man through the Dark and Steel Ages (Robert Breedlove's What Is Money Show) — 2 minute bitcoin

The Saylor Series Episode 2 condensed from 13,546 words into just 476. This 2-minute bitcoin read follows Michael Saylor