Science and Technology

The Engineering of Bitcoin
Was looking into bitcoin this past few months and it blew my mind. I am now convinced it’s gonna suck in more and more wealth and become the apex property of mankind.

It is never gonna be a high frequency medium of exchange, and it doesn’t need to be. It is a low frequency store of value, and that’s all we need from it. I don’t need bitcoin to pay for coffee, nor do I want to spend appreciating asset on such a trivial purchase. I have fiat money for that,...