Tag: bitcoin
Symmetrical power is defined by the risk being proportional to the potential gain. This automatically translates into “the bigger guy wins”
Bill Gates on Reddit AMA
Blockchain is a data structure for proving that certain events happened in a specific order
99% of ideas around Bitcoin existed long before 2008. There was a proof-of-work money, there was a bit gold idea and there was paper on distributed property titles
Bitcoin is like physical cash: it is not reversible and you are responsible for handling it. If you lose your wallet, you lose your money
Bitcoin compared to traditional financial assets is the same as Tesla compared to gasoline cars. Both Bitcoin and Tesla are sustainable, require less maintenance and eliminate bullshit on a planetary scale
You can only buy Bitcoin once in your life. You are going to make your homework and buy some coins with the intent to hold them for at least several years