What is the role of the bitcoin “speculators”?

I will argue that speculative bitcoin traders are playing an essential and crucial role in bitcoin’s development and maturation, and will continue to play an important role as they do with every currency and asset. Many argue that “speculators” (a problematic term in and of itself) are harmful for the bitcoin ecosystem as they introduce volatility and instability […]

What it means to get your paycheck in Bitcoin

Receiving your salary in Bitcoin is the most hardcore way to invest in it (though this is probably true for anything). While many people invest in Bitcoin for the long term or short term, storing them on paper for years or considering only the next few days, I do both. Long term means you hope that […]

Gold, Silver, Barter, Debt, Bitcoin?

“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” ― Norm Franz, Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order

BTCIL, I want to see you go private

As an admin in BTCIL, I spend a decent amount of time thinking about the group meta. Regardless of personal interests and/or ambiguity of certain policies made by the admins, I have been thinking lately that the group has become quite large – at least for a small group of volunteers of maintainers. We all know […]