Kjedebrev september 2022

Kjedebrev september 2022


Bitcoin Maximalists Know That Bitcoin Is What Matters, Bitcoin Magazine, 2022-09-01

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.
Nassim Nicholas Taleb


Iran Takes Cryptocurrencies As Payment For Imports As Sanctions Intensify, Blockonomi. 2022-09-01

"The Five Stages of Dealing with Bitcoin Grief:

1) Denial: "Bitcoin can't work and will die"

2) Anger: "Ok, Bitcoin works, but government should ban Bitcoin"

3) Bargaining: "Ok, government can't ban Bitcoin, but it's not important. What's interesting is blockchain, the technology behind Bitcoin"

4) Depression: "All blockchains other than Bitcoin will fail"

5) Acceptance: "Bitcoin is gunpowder, the later you adopt it, the worse off you will be"

Saifedean Ammous


Understanding Our Current Monetary System And Bitcoin’s Value Proposition, Bitcoin Magazine, 2022-09-02

"Thanks to the central bank, most "monetary experts" and "leading macro-economists" can, by putting them on the payroll, be turned into government propagandists "explaining," like alchemists, how stones (paper) can be turned into bread (wealth)."
Hans-Hermann Hoppe


Cryptoverse: Bitcoin's no longer the king of the swingers, Reuters, 2022-09-06

Seven things are inexplicable: time, energy, quanta, entropy, virus, knowledge, and bitcoin (i.e. value?)
TorG


Gunvor, Total execute first physical oil trade confirmation using VAKT blockchain, Ledger Insights, 2022-09-07

"Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at."
Murray N. Rothbard (1926-1995)


How Our Smartphones Spy On Us, And What You Can Do To Avoid It, Bitcoin Magazine, 2022-09-08

There will come a time when it isn't 'They're spying on me through my phone' anymore. Eventually, it will be 'My phone is spying on me'.”
Philip K. Dick (1928-1982)


Pinning the Tail on Satoshi Nakamoto — How Journalists Erroneously Used Circumstantial Evidence Over the Years to Identify Bitcoin’s Creator, Bitcoin.com, 2022-09-08

Real learning comes about when the competitive spirit has ceased.
Jiddu Krishnamurti (1895-1986)


Jeff Booth: Finding Signal In A Noisy World, Bitcoin Magazine, 2022-09-09

"Go Placidly, Amid the noise and haste and remember what peace there may be in silence..."
Max Ehrmann (1872-1945)


How LATAM development bank IDB is shaking up capital markets with tokenized bonds, Ledger Insights, 2022-09-09

"We have allowed the interests of capital to outweigh the interests of human beings and our Earth."
Desmond Tutu (1931-2021)


Ethereum blockchain set for 'monumental' overhaul, TechXplore, 2022-09-11

A non-Bitcoin blockchain combines the worst of both worlds: the cumbersome structure of the blockchain with the cost and security risk of trusted third parties
Saifedean Ammous


Norwegian Central Bank Harnesses Ethereum’s Infrastructure To Build National Digital Currency, Blockonomi, 2022-09-13

Whereas in a modern central bank the new money created goes to finance lending and government spending, in Bitcoin the new money goes only to those who spend resources on updating the ledger
Saifedean Ammous


Debate escalates over quality of blockchain carbon credits, Ledger Insights, 2022-09-15

"Is my/your life achieving the full potentialities of carbon ?"
W. Ross Ashby (1903-1972)


White House Releases Bitcoin, Crypto Regulatory Framework, Bitcoin Magazine, 2022-09-16

"Probably never in human history did we live in a society in which, at the microlevel of personal behavior, our lives were so strongly regulated."
Slavoj Žižek


How The Incentives Of Proof-Of-Work Are More Fair Than Proof-Of-Stake, Bitcoin Magazine, 2o22-09-18

The security of Bitcoin lies in the asymmetry between the cost of solving the proof-of-work necessary to commit a transaction to the ledger and the cost of verifying its validity
Saifedean Ammous


Nigel Green: Bitcoin is unstoppable – as China proves, Asia Times, 2022-09-21

You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust
John McAfee (1945-2021)


2022 Global Cryptocurrency Adoption Index, Chainalysis, 2022-09-14

Which is why Bitcoin is an excellent idea. It fulfills the needs of the complex system, not because it is a cryptocurrency, but precisely because it has no owner, no authority that can decide on its fate. It is owned by the crowd, its users. And it has now a track record of several years, enough for it to be an animal in its own right.
Nassim Nicolas Taleb


US cryptocurrency exchange Coinbase registers with Dutch Central Bank, NL Times, 2022-09-22

"Thanks to the central bank, most "monetary experts" and "leading macro-economists" can, by putting them on the payroll, be turned into government propagandists "explaining," like alchemists, how stones (paper) can be turned into bread (wealth)."
Hans-Hermann Hoppe


La Liga football signs Decentraland metaverse deal, Ledger Insights, 2022-09-21

"Money is not a motivating factor. Money doesn't thrill me or make me play better because there are benefits to being wealthy. I'm just happy with a ball at my feet. My motivation comes from playing the game I love. If I wasn't paid to be a professional footballer I would willingly play for nothing."
Lionel Messi


You Can Believe The Maximalists: Bitcoin Is Separate From Crypto, Bitcoin Magazine, 2022-09-22

Bitcoin is the hardest money ever invented: growth in its value cannot possibly increase its supply; it can only make the network more secure and immune to attack
Saifedean Ammous


Russia to Accept Crypto For Cross-Border Payments, Blockonomi, 2022-09-23

Money creates a power relationship between the payer and the payee.
Joichi Ito


Would you trade a Picasso for NFTs? The Museum of Modern Art might, Ledger Insights, 2022-09-23

"All the brains in the world are powerless against the sort of stupidity that is in fashion."
Jean de La Fontaine (1621-1695)


A Bitcoiner’s Guide To Proof-Of-Stake, Bitcoin Magazine, 2022-09-26

The security of Bitcoin lies in the asymmetry between the cost of solving the proof-of-work necessary to commit a transaction to the ledger and the cost of verifying its validity
Saifedean Ammous


Modern Bitcoin’s Surprising Lesson About Ancient Scripture,Mind Matters, 2022-09-25


"Reality is what we take to be true.

What we take to be true is what we believe.

What we believe is based upon our perceptions.

What we perceive depends upon what we look for.

What we look for depends on what we think.

What we think depends on what we perceive.

What we perceive determines what we believe.

What we believe determines what we take to be true.

What we take to be true is our reality"
David Bohm (1917-1992)


Is Cryptocurrency Part of the Overall Future of Money?, Mind Matters, 2022-09-27

"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists."
Ernest Hemingway (1899-1961)


Reuven Brenner: A way out of exchange-rate chaos, Asia Times, 2022-09-30

"We are always exchanging, mediated by money transfers, the differing fruits of our varied forms of labor."
John Nash (1928-2015)