People will ask, “What is Bitcoin?”. The answer depends on who you are. If you are an anarcho-capitalist, maybe you see Bitcoin as a step to overthrowing the government. If you are an economist, you see Bitcoin as a hedge against the cabal of banks who ruthlessly print money, backed by the promises of the […]
Sometimes when listening to Bitcoin related podcasts, you will hear this term “Schelling point”. I’ve heard this phrase before, but it seems to be one of those concepts that you understand implicitly, without being able to explain explicitly. A Schelling point refers to a focal point, that people will use to coordinate, without communicating explicitly. […]
The Bitcoin Network is different from Bitcoin Core. Bitcoin Core is an implementation of the Bitcoin network rules. Other implementations of the Bitcoin network: Knots BTCD Bcoin Libbitcoin BitcoinJ Anyone who downloads and runs a node from these projects, is running a node on the Bitcoin Network. What is the Bitcoin Network? How do we […]
So I struggled with this for a while — I installed Bitcoin on a linux instance by cloning the Github repository, and running ./bitcoind -daemon -pruned=550 The only problem I found, was that I could not find Bitcoin.conf. Turns out, that sometimes bitcoind will just run without it, so you can go ahead and create […]
The happiest and most fulfilled I ever felt, was working 20/hrs a week at a burrito stand and spending the rest of my time programming. I would love a little bit of oppression, mixed with a carefree attitude to pursue what I want from life. My job takes all my effort, all my focus, and […]
Men need a master, and they choose it readily. Many marry early, choosing a woman too quickly. Or they indulge themselves in a life of plenty, thinking little of the days ahead and consuming much now, only to be smacked later. Others pick social status. They broadcast their identity throughout their life, easily and readily […]
Interesting interview with Chris Derose where he talks about the philosophy and mindset of Bitcoin “maximalists”. Good discussion overall about mindset, alliance and Bitcoin as a God substitute.
https://www.theatlantic.com/past/docs/unbound/citation/wc991103.htm A very interesting article on how people waged a “war” on GIF’s, which turned out to be based off a mathematical principle.
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