Kjedebrev april 2023

Russia touts common digital currency between Russia, China, India, Ledger Insights, 2023-04-01

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
― Ludwig von Mises (1881-1973)

The Bitcoin Whitepaper Is Hidden in Every Modern Copy of macOS, Waxy, 2023-04-05

“Important influences can be hidden, but even when powerful situational determinants of behavior are staring us in the face, we can be oblivious to their impact.”
― Richard E. Nisbett

Ordinals Are Good For Bitcoin, But More Standards Are Needed, Bitcoin Magazine, 2023-04-07

“The wonderful thing about standards is that there are so many of them to choose from.”
—Grace Murray Hopper (1906-1992)

India’s plan to export its wildly successful digital payments system, Rest of World, 2023-04-10

“When technology is mobile, and transactions occur in cyberspace, as they increasingly will do, governments will no longer be able to charge more for their services than they are worth to the people who pay for them.”
― James Dale Davidson

US Presidential Candidate RFK Jr. Says Bitcoin Provides An ‘Escape Route’ From Financial Turmoil, Bitcoin.com, 2023-04-11

“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

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions, Bitcoin.com, 2023-04-14

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

Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining, Bitcoin.com, 2023-04-18

“Energy is the only universal currency: one of its many forms must be transformed to another in order for stars to shine, planets to rotate, plants to grow, and civilizations to evolve.”
― Vaclav Smil

Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023, Bitcoin.com, 2023-04-20

“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

First EU Parliament debate on digital euro highlights concerns, Ledger Insights, 2023-04-20

"A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army. We must not let our rulers load us with perpetual debt."
― Thomas Jefferson (1743-1826)

Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus, Bitcoin.com, 2023-04-21

"Energy is the master resource, because energy enables us to convert one material into another. As natural scientists continue to learn more about the transformation of materials from one form to another with the aid of energy, energy will be even more important."
— Julian Simon (1932-1998)

When The Student Is Ready: Three Times I Was Able To Help Strangers Understand Bitcoin, Bitcoin Magazine, 2023-04-23

“Every person has two educations, one which he receives from others, and one, more important, which he gives to himself.”
— Edward Gibbon (1737-1794)

The Overwhelming Case for CBDCs, Project Syndicate, 2023-04-18

“The modern central bank business model is being disrupted. Central banks now have no way of stopping competition by just passing laws as they have always done. They are now up against a digital competitor that most likely cannot be brought under the physical world’s laws”
—Saifedean Ammous

Satoshi's Math: How Bitcoin's Use of Mathematical Tools Ensures System Consistency, Bitcoin.com, 2023-04-26

“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

Report: Hackers Breach AT&T Email Accounts, Steal Victims' Crypto Funds, Bitcoin.com, 2023-04-28

"Hackers are breaking the systems for profit. Before, it was about intellectual curiosity and pursuit of knowledge and thrill, and now hacking is big business."
—Kevin Mitnick

A New Website Lets You Search For Full Text On The Bitcoin Blockchain, Bitcoin Magazine, 2023-04-27

“The Bitcoin ledger of transactions might just be the only objective set of facts in the world”

—Saifedean Ammous