Proof of Work and Lower Time Preferences
Discusses how Bitcoin’s proof of work mechanism promotes a long-term perspective and economic behavior.
1 BTC = 1 BTC
Reinforces the idea of valuing Bitcoin in terms of itself rather than converting it to fiat currencies.
Bitcoin is a Strange Game
A riff on the concept that the only losing move in the Bitcoin game is not to participate.
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1 BTC = 1 BTC
Reinforces the idea of valuing Bitcoin in terms of itself rather than converting it to fiat currencies.
Proof of Work and Lower Time Preferences
Discusses how Bitcoin’s proof of work mechanism promotes a long-term perspective and economic behavior.
Not Your Keys, Not Your Coins
Highlights the critical concept that true ownership of Bitcoin requires holding the private keys.