The Oceania case, applied to the Bitcoin network, is not so worrisome given and considering the low hashrate on that continent; if indeed the two networks were disconnected for a certain amount of time, the one with the chain having done the most work would prevail. Things would not g...
Even though there may be hundreds of thousands of computers racing to solve the same problem, only one can ultimately receive the Bitcoin honorarium. “Of course, this is wasteful in the sense that 99.99% of all the machines that did work just throw away the result since they didn’t win...
“bitcoin has evolved to become better-suited to being an asset than being a means of exchange,” wrote stripe product manager tom karlo at the time, appending a host of reasons for its transactional decline: slow confirmation times, high fees, and that seemingly never-ending roller coaster ...
Plan B observed that because bitcoin's mining flow gets cut in half every four years, bitcoin's stock-to-flow ratio leaps every 4 years. These halving events boost Bitcoin's stock-to-flow ratio dramatically. It's reasonable to assume that the contracting supply is fueling the BTC's dramati...
De Filippi, P. (2014). Tomorrow's Apps Will Come from Brilliant (And Risky) Bitcoin Code. Retrieved from http://www.wired.com/2014/03/decentralized-applications-built-bitcoin- great-except-whos-responsible-outcomes/De Filippi, P., 2014b, "Tomorrow's app will come from brilliant (and ...
This is obvious in all the others’ BS that the US dollar would crash, gold would go to $5,000, and Bitcoin would take over the world – all horse shit. Who would short the USD when anyone on the planet would prefer USD’s over any other country if hell froze over? I’ve seen ...
bank has issued a notice requiring that any commercial bank and the third party payment institution not provide liquidation services for bitcoin and other businesses, and requires all accounts of all bitcoin related websites to be closed. Some banks even demand that they sell their homes tomorrow....
“Go too soon and you undermine progress on inflation. Wait too long or don’t go fast enough, and you put at risk the recovery. So we have to balance those two things. That’s the nature of having two mandates. It is a rough balance. ...
If you can’t repay it at the end of the term because your bets on Bitcoin or blue-sky biotechs blew up, you’ll probably have to sell your home to repay the bank. Invest wisely! More commonly you’ll have a repayment mortgage. ...
. Although it would be time-consuming to go into detail for each, we can go through the sector map that Messari compiled to gain an understanding of the vastness of the DePIN space. Firstly, it is divided into two major areas: Physical Resource Networks and Digital Resource Networks. ...