Kjedebrev Mai 2023

Mastercard Ramps Up Efforts In Blockchain Space, Blockonomi, 2023-05-01

"Every CEO wants to know about blockchain because it is an opportunity and a threat to their business, simultaneously"
Jerry Cuomo


Money and bookkeeping, Delancey Place, 2023-05-03

"Money, having freed itself from the physical universe, has become number itself, and finance a strange form of mathematical alchemy."
David Orrell


One Year Until The Bitcoin Halving: Analyzing Holder Dynamics, Bitcoin Magazine, 2023-05-07

Mining should not be too profitable (because nothing should be too profitable, the world doesn’t leave free money lying around). Therefore the price of Bitcoins can’t rise too much above the cost of mining (counting equipment depreciation among the costs of course).”
Hal Finney (1956-2014)


Bitcoin Transaction Fees Surpass Block Rewards for the First Time Since 2017, Decrypt, 2023-05-08

"Regardless of how it's done, transaction costs will continue to plummet as computers get more powerful. Low transaction costs are a wonderful thing if you're in the transaction business. They're wonderful for consumers too, making it cheaper and easier to buy things and creating new things to buy."
Nathan Myhrvold


Bitcoin Network Overloaded Due to Ordinals Protocol, CoinsPaid Media, 2023-05-08

"Distributed ledgers – or decentralised databases – are systems that enable parties who don’t fully trust each other to form and maintain consensus about the existence, status and evolution of a set of shared facts
Richard Gendal Brown



Will the US default on debt on 1 June? A really simple guide to debt ceiling, BBC News, 2023-05-09

US National Debt Clock


With The E-Krona, Sweden Is Attacking The Virtues Bitcoin Is Built To Protect, Bitcoin Magazine, 2023-05-11

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


Bank of England adviser says CBDC is real risk in a financial crisis. But could also have benefits, Ledger Insights, 2023-05-12

"No hypocrisy is too great when economic and financial elites are obliged to defend their interest."
Thomas Piketty


Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion, Bitcoin.com, 2023-05-14

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)


DNB og banksystemet, Foreningen Lov og Helse, 2023-05-15

"Bank robbery is an initiative of amateurs. True professionals establish a bank."
Bertolt Brecht (1898-1956)


Decoding Bitcoin’s Transaction Surge: The Emergence Of History’s Greatest Accounting Innovation, Bitcoin Magazine, 2023-05-21

"Once we allow ourselves to be disobedient to the test of an accountant's profit, we have begun to change our society."

John Maynard Keynes (1883-1946)



‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO, Bitcoin.com, 2023-05-21

"Corporate and government surveillance aren't separate; they're an alliance of interests."
Bruce Schneier


Ordinals Is Bringing The NFT Industry To Bitcoin, Bitcoin Magazine, 2023-05-26

"Today, modern technologies, from mathematical stock prediction methods to medical imaging machines, compete for confidence promised by religion and authority"
John Dewey (1859-1952)


Islamic Development Bank, Settlemint to develop blockchain price stabilization system, Ledger Insights, 2023-05-26

"I like Islam, it is a consistent idea of religion and open-minded."
Kurt Gödel (1906-1978)