Kjedebrev November 2023

Understanding The "Bitcoin L2 Trilemma", Bitcoin Magazine, 2023-11-01

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford​ (1863-1947)


The battle for control over the digital euro wallet, Ledger Insights, 2023-11-01

"it cannot be irrelevant whether or not the future quality of a currency is really assured or whether instead that it depends on the shifting sands of political decisions or the possibly arbitrary actions of a bureaucracy of officials."
John Nash (1928-2015)


Letting Go of Fiat Means Letting Go of Bitcoin, Bitcoin Magazine, 2023-11-04

In the Google era, Newton’s system of the world—one universe, one money, one God—is now in eclipse. His unitary foundation of irreversible physics and his irrefragable golden money have given way to infinite parallel universes and multiple paper moneys manipulated by fiat. Money, like the cosmos, has become relativistic and reversible at will.
George Gilder


Exploring Bitcoin in the University: Preparing A Foundation For Widespread Adoption, Bitcoin Magazine, 2023-11-07

"A university should be a place of light, of liberty, and of learning"
Benjamin Disraeli (1804-1881)


Siemens is first JP Morgan client to use JPM Coin programmable payments, Ledger Insights, 2023-11-10

"In the emerging, highly programmed landscape ahead, you will either create the software or you will be the software. It's really that simple: Program, or be programmed. Choose the former, and you gain access to the control panel of civilization. Choose the latter, and it could be the last real choice you get to make."
Douglas Rushkoff


Bitstream White Paper Proposes Bitcoin Payments to Disrupt File Storage Economy, Bitcoin.com, 2023-11-12

There's nothing more fundamentally disruptive to the status quo than a new reality.”
Umair Haque


China, Saudi Arabia sign currency swap agreement, the Indian Express, 2023-11-20

It is my great hope someday, to see science and decision makers rediscover what the ancients have always known. Namely that our highest currency is respect.
Nassim Nicholas Taleb



What Does Mustard Gas Have in Common with Crypto and Blockchain?, Institute for New Economic Thinking, 2023-11-20

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


Bitcoin: The World's First Decentralized Organization, Bitcoin Magazine, 2023-11-23

"Bitcoin as a globally distributed public ledger - that's the thing I'm most excited about going forward. Thinking about how to use Bitcoin in new and innovative ways. In the meantime, we have the boring uses of Bitcoin that are in the process of going mainstream."
Gavin Andresen


Bitcoin Hashrate Hits Historic 500 EH/s Peak, Bitcoin.com, 2023-11-23

"The extinction of the human race will come from its inability to EMOTIONALLY comprehend the exponential function."
Edward Teller (1908-2003)



Bitcoin: The Future Of Money Or The Esperanto Of Money?, Bitcoin Magazine, 2023-11-24

Words are the source of misunderstandings.
Antoine de Saint-Exupéry (1900-1944)


Bitcoin’s growing water footprint, Cell Reports Sustainability, 2023-11-29

'What's so unpleasant about being drunk?' 'Ask a glass of water!'"
Douglas Adams (1952-2011), The Hitchhiker's Guide to the Galaxy



CMC Bitcoin Halving 2024