Kjedebrev Juni 2023

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency – and be a serious contender against the US dollar, the Conversation, 2023-06-01

"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)


'Talk2Satoshi' — Developer Launches Unique AI Chatbot Infused With Bitcoin Knowledge, Bitcoin.com, 2023-06-04

What I had not realized is that extremely short exposures to a relatively simple computer program could induce powerful delusional thinking in quite normal people.
Joseph Weizenbaum (1923-2008)


Non-Fungible Timepieces, Return, 2023-06-07

Never go to sea with two chronometers; take one or three.
Frederick P. Brooks (1931-2022)


The Secrets Of The S Curve: Why Bitcoin Adoption Takes Longer Than You Think, Bitcoin Magazine, 2023-06-16

Revolution doesn’t happen when society adopts new technologies—it happens when society adopts new behaviors.
Clay Shirky


BIS, Bank of England complete CBDC trial using blockchain, Ledger Insights, 2023-06-16

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

Balaji Srinivasan Warns Apple, Microsoft or Google Could Help Government Seize Crypto From Citizens, Daily HODL, 2023-06-18

"Tech giants have become so influential that they function like transnational governments charting the future to a greater degree than any national government. Facebook and Google, for example, have effectively become central mediators unilaterally determining the balance between free speech and election manipulation for all major developed democracies."
Jaron Lanier


Exploring Crypto Whale Concentration: Unveiling the Rich Lists of the Top 10 Cryptocurrencies, Bitcoin News, 2023-06-22

Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.
Adam Smith (1723-1790)


Solana Saga: A Review Of The First Web3-Native Smartphone, Return, 2023-06-22

Technology always has unforeseen consequences, and it is not always clear, at the beginning, who or what will win, and who or what will lose...”
Neil Postman (1931-2003)


Is Bitcoin Evolving Beyond Its Use As A Store Of Value?, Bitcoin Magazine, 2023-06-24

"Nowadays people know the price of everything, and the value of nothing".
Oscar Wilde (1854-1900)


Mastercard launches DLT network for settlement of tokenized bank deposits, Ledger Insights, 2023-06-29

"Web sites are designed to keep young people from using the keyboard, except to enter in their parents' credit card information."
Douglas Rushkoff


What Is Proof Of Work?, Bitcoin Magazine, 2020-06-30

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