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This discussion is a very comprehensive introduction to Lightning Network. Examined the design trade-offs, bottlenecks, improvement and how it helps the Bitcoin fee markets, thus the overall network as well. Essential for people attempting to discover payments, fintech & Bitcoin.
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Soundest and most objective comparison between Bitcoin and Ethereum. Very refined and straightforward. Lyn is so bright and good at conveying the essentials. Must read to understand money, and how mutable Ethereum is to be sound money and compete with Bitcoin.
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Jim McKelvey is the cofounder of Square and a friend of Jack Dorsey. This book is so fun and fundamental to the payments industry. You might learn how credit card networks extract a big portion of their revenue disproportionally from the small merchants if they, somehow managed to obtain a point of sales device. Square truly -not allegedly- brought democratization to payments and significantly eased the financial inclusion that hinders socioeconomic mobility. Credit card networks' dominance on payment acceptance or inclination to protect the status quo turn out to be a regressive force that renders the bigger a lot stronger. I would like to highlight how robust machine learning makes difference in risk scoring that results in seller inclusion, and more sales for the small companies. The book depicts exceptional entrepreneurs and how they transformed businesses and even societies. One of my all-time favourites. One may understand why Bitcoin attracted Jack Dorsey as well.
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The story of how Bitcoin and Bitcoiners weathered the storm of greed and corruption. Amidst block size disputes, Bitcoiners resisted turning Bitcoin into a controllable, decentralized and arbitrary monetary network. The world has one immutable and capped digital property whereas it's full of unreliable, unpredictable and draconian monetary networks at the majority's peril. How Bitcoin community protected to prior to stop the transition to the latter.
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Series help us compare monetary features of fiat, gold and Bitcoin while explaining the author's stance in an objective way based on criteria. You might also learn about the terms such as store of value and medium of exchange. The book is so foundational for us to develop our own understanding and interpretation of the soon future. Bitcoin is inevitable. Books help us learn and sit on why...
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Ancient and recent historical evolution of money in a thick nutshell by Lyn Alden. Lyn Alden describes the potential implications of confiscated Russian reserves in other countries and the inevitable expected questioning in regard to monetary sovereignty. The article provides the minimum required backdrop of money as a concept and social technology as well as monetary history by explaining Bretton Woods, Petro-Dollar System, Gold, British and Pound dominant era and Bitcoin. This's the most comprehensive article I read ever. It's a short book long and as full as a library. Origins of fiat money and the underlying single point of failure system managing that was brightly addressed. I hope this article ends up being part of the curriculums all around the world, since it would help us navigate through economic and monetary shifts in the horizon.