"As the crypto industry makes progress toward Web 3.0, we’ll come to realize that it’s hard to beat the security and network effects of Bitcoin." - Muneeb Ali
Another great article from Bitcoin Magazine, this one by the founder of Blockstack, Muneeb Ali, on the superior security and foundation that Bitcoin can provide to Web 3.0. How its perceived "limitations," may be what makes it the best foundation we could have.
It also sparks a long Guy's Rant on the value of on-chain vs off-chain contracts, the doubts on the "tokenization of everything," & why smart contracts are only as good as the token they contract in (not the other way round).
This isn't to be missed. Check out the other great stuff at Bitcoin Magazine that I won't be able to cover, plus the original articlewith links to dig further in at the link below:
https://bitcoinmagazine.com/articles/the-king-of-blockchains-bitcoin-can-become-the-foundation-for-web-3-0
Mentioned in the episode for further Rabbit Hole Research:
Szabo's "The Dawn of Trustworthy Computing"
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_113---The-Dawn-of-Trustworthy-Computing-Nick-Szabo-e2ndr3
BitcoinHalving.com 21 Hour Live Stream:
https://www.bitcoinhalving.com/
Don't forget to check out Swan Bitcoin! Start your Bitcoin savings plan by clicking here
https://www.swanbitcoin.com?grsf=yg8ftt
"The reverse of that process – a so-called “death spiral” – was inevitable. Any time the immeasurably over-levered global fiat monetary system, for whatever...
"This risk is probably best countered by offering enough time to upgrade. Unfortunately, not everyone agrees on how much time is enough; some think...
Price prediction is a tricky game, but there is some fundamental analysis that may tell us more about the broad trends. Tuur Demeester looks...