"Money condenses energy. Bitcoin is the first and only tool we have for converting electric energy to monetary energy. Now what does this do...
"Simple “bubbles” don’t survive through several 70%+ drawdowns over a period lasting thirteen years and counting; it looks more like Metcalfe’s law of network...
"While it was pretty difficult for him to take over the very decentralized process of people exchanging gold nuggets, there are now a few...