We make claims about Bitcoin's assurances all the time. It is censorship resistant, it's open and permissionless, it's counterfeit proof, etc. But are these things entirely true? When someone wants to acquire, use, or validate Bitcoin, how well do the claims match reality?
Today we cover another great article from @nic_carter titled: "Unpacking Bitcoin's Assurances." Don't forget to follow Nic on Twitter and Medium, and drop some applause on the original article at the link below:
https://medium.com/@nic__carter/unpacking-bitcoins-assurances-a3c98824d3f0
Mentioned again because it always seems to come up in discussion, the great piece by @hasufl and @zhusu about Bitcoin as an independent system for property rights:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_225---Bitcoin--the-Promise-of-Independent-Property-Rights-e3j6b8
If you love the show and would like to support and get access to the exclusive Cryptoconomy telegram group, become a patron below!
https://www.patreon.com/thecryptoconomy
"Today Americans celebrate 246 years of independence from the British Empire. On this day in 1776 the Founding Fathers made a declaration. It was...
"I’m going to clear things up here because most of the people piling on were deeply confused about me, my firm, and what I...
What if Bitcoin's energy consumption is actually the greatest natural incentive we could've hoped for in our alternative energy revolution? Find out how in...