The United Nations of Bitcoin This is a map of every Bitcoin download (that was able to be traced to a country), by operating system. Each dot is an individual Bitcoin download. The yellow dots are a general reference of all Bitcoin downloads ever while the red ones call out a specific OS used in the download. Bitcoin downloads by country, by operating system. At least, when the specific country was known. What is Bitcoin? Closer Look I look for three things in the geographic dispersion. Reluctant Companion Map And, since Bitcoin downloads are intrinsically correlated with the population size, I made this lame choropleth map to illustrate the proportional variability in Bitcoin "popularity" by country. About Those Dots...
CoinDesk. Bitcoin News, Blockchain News, Prices, Charts & Analysis Cypherpunks, Bitcoin & the Myth of Satoshi Nakamoto | Cybersalon Introduction As a movement, Cypherpunk is more nuanced, more serious and more focused than Cyberpunk. Like all good punk movements, Cypherpunk is radical by design and fanatical in its end goal of disrupting the status-quo. If we couldn’t see Cypherpunk clearly before it was because books like Cryptonomicon were not as accessible as the pulpy and instantly attractive Neuromancer. Cypherpunk is concerned solely with hidden meaning, secrets and power that can be wielded out of sight from governments and spooks. Cyberpunk by contrast was typified by Jaron Lanier’s clunky Virtual Reality: pixelated polygon aesthetics from the 1990s and William Gibson’s dystopian sprawl culture, but until now, we couldn’t really understand Cypherpunk’s issues as a culture, because we couldn’t imagine what Google would to do us or to our businesses. In literature, those who are lost to history are occasionally referred to as ‘ciphers’. This meaning of ‘cipher’ does not apply to our historical luminaries.
Bitcoin Data Platform | RTBTC A Network Analyst's View of the Block Chain Martin Harrigan is a computer scientist and software developer. He is the founder of QuantaBytes, an Irish startup developing a suite of tools for analyzing and visualising bitcoin’s block chain. He is also the co-author of one of the earliest academic papers to study the network properties of the block chain and its implications for anonymity. The block chain is a decentralised, consensus-driven ledger of every successful bitcoin transaction to date. As of the 300,000th block, the ledger includes over 38 million transactions. Aside from being a monumental technical achievement, the block chain is a fascinating dataset. In this network, every node represents a transaction, and every (directed) edge represents a flow of bitcoins from an output of one transaction to an input of another. Network science Network science is the study of complex networks. The network as a whole is too large and complex for most network visualisation tools. Giant connected component Fourteen degrees of separation
5 Bitcoin lessons for every investor Bitcoin’s rise from there is similar to any FANG-y stock story. Global adoption of new technologies led to Facebook’s dominance in social, Google’s in search, and Apple’s in hardware/software. What is different with bitcoin is that it has no CEO, no board, and no proprietary physical assets. But that has proven to be a feature, not a bug. No one “needs” to be in charge … and that’s new and notable. #2 Get out of your head. Personal story here: My parents fled the Cuban Revolution in 1960 with $200 and a suitcase. Step outside the safe confines of western democracies, and my parents’ history is a relevant and cautionary tale. #3 Have a Little Faith. This confidence comes from a deep-seated faith, and it is something that equity investors in particular can learn from. You’d think that after +70 years of consistent long-term value creation, US equities wouldn’t have to prove time and again that they are money-making investments, and America is a safe country in which to invest.
"Mogelijk verband tussen Bitcoin en Silk Road" - NOS op 3 zondag 24 nov 2013 BitcoinsAFP De Bitcoin is lang geassocieerd geweest met criminaliteit. Maar na het oprollen van Silk Road, de zwarte marktplaats waar alleen in Bitcoin gehandeld werd, bleef de waarde van de Bitcoin stijgen - waardoor een verband tussen de twee weer minder voor de hand lag. Maar nu denken twee Israëlische wetenschappers dat er mogelijk toch een relatie is tussen de twee. Om specifieker te zijn: tussen Silk Road-oprichter Ross William Ulbricht en Satoshi Nakamoto, de anonieme en mysterieuze oprichter van de virtuele munt. Dorit Ron en Adi Shamir, van het Weizmann Instituut der Wetenschappen, zijn al sinds begin dit jaar bezig met een diepgravende analyse van alle Bitcoin-transacties om inzicht te krijgen in het gedrag van de gebruiker. Opvallende betaling En zo ontdekten ze ook een opvallende transactie naar een account van Ulbricht, vanaf een account dat in de begindagen van Bitcoin, in 2009, was aangemaakt. Mining Door: Helen Deel dit artikel
Bitcoin. It may fail but we now know how to do it. It may fail but we now know how to do it Foreword to the book by Saifedean Ammous Let us follow the logic of things from the beginning. Or, rather, from the end: modern times. What makes it worse is that all central banks operated under the same model, making it a perfect monoculture. In the complex domain, expertise doesn’t concentrate: under organic reality, things work in a distributed way, as Hayek has convincingly demonstrated. It doesn’t mean all participants have a democratic sharing of decisions. Somehow, under scale transformation, emerges a miraculous effect: rational markets do not require any individual trader to be rational. Which is why Bitcoin is an excellent idea. For other cryptocurrencies to compete, they need to have such a Hayekian property. Bitcoin is a currency without a government. Finally, Bitcoin will go through hick-ups (hiccups).
CoinMap Why Bitcoin is Different – Jimmy Song If you’re new to the Bitcoin space, the last few months have been pretty crazy. There have been some steep climbs and heart-stopping drops making for a roller coaster of emotion that’s not easily controlled. The price action is both thrilling and at times, painful, so it’s easy to lose sight of what you’re investing in. All the coins seem to be running together, so what’s the difference? In this article, I’m going to make the case for what makes Bitcoin different, how Bitcoin is a system that, despite all the cloning, has yet to be truly replicated. Real Innovation To really understand the value proposition of Bitcoin, it helps to look at a bit of history. Decentralized digital scarcity is the real innovation and Bitcoin was the first, and, as this article will make clear, continues to be the only such coin. ICOs are also not new. Altcoins and ICOs have tried many different “features” and most have not been useful or adopted. The Network Effect Decentralization Bitcoin is different.
Apple Bumps Coinbase’s Bitcoin App From The App Store, Android App Lives On Time to chalk another one up for cryptocurrency bitcoin’s reputation as a disruptor in the financial world? Today, news comes that Coinbase — the YC-incubated startup that offers a bitcoin buying and trading platform for consumers, and APIs to developers to integrate bitcoin payments into apps and websites — has had its iOS app pulled from the App Store by Apple, less than a month after it first appeared. It’s not clear why at this point: CEO and co-founder Brian Armstrong tells us that Coinbase is still trying to find out. “We’re not sure why it was taken down and we’ve reached out to Apple to request clarification,” he said. Coinbase also has an Android app, which is still live in Google Play. The news of the app’s disappearance was first reported by Bitcoin Blogger. There are some historical hints to why the app may have been taken down. The reference to complying with laws, in any case, has been a confusing one.
The Bullish Case for Bitcoin With the price of a bitcoin surging to new highs in 2017, the bullish case for investors might seem so obvious it does not need stating. Alternatively it may seem foolish to invest in a digital asset that isn’t backed by any commodity or government and whose price rise has prompted some to compare it to the tulip mania or the dot-com bubble. Neither is true; the bullish case for Bitcoin is compelling but far from obvious. There are significant risks to investing in Bitcoin, but, as I will argue, there is still an immense opportunity. Genesis Never in the history of the world had it been possible to transfer value between distant peoples without relying on a trusted intermediary, such as a bank or government. For an investor the salient fact of the invention of Bitcoin is the creation of a new scarce digital good — bitcoins. The Origins of Money In the earliest human societies, trade between groups of people occurred through barter. The attributes of a good store of value Durability:
Bitcoin for Undergrads, Wall Street’s Next Pump-and-Dump | Blog The story was everywhere last week: MIT undergraduates will each receive $100 in Bitcoin when they arrive on campus next fall. The gift comes thanks to an affluent donor and two precocious student entrepreneurs — one a sophomore computer science major, the other a first-year Sloan MBA student and president of the MIT Bitcoin Club. I exaggerate slightly when I say the story was everywhere. As far as I know, Foreign Affairs hasn’t yet picked it up. But the Boston Globe, Boston Magazine, USA Today, Time, Vice, The Wire, Slate, the Guardian, the Independent, the Telegraph, the Christian Science Monitor, the Jewish Daily Forward, RT, public radio’s Marketplace, Reuters, and Bloomberg all did run with it, along with basically every tech blog (and there are way too many tech blogs). The coverage was predictably gee-whiz. • Young computer prodigy: check. • Wise and wealthy mentor: check. • Elite university: check. • Faddish app-type thing: check
Competing with Bitcoin Core Abstract: We examine the power and dynamics of the “Bitcoin Core” software project and we draw distinctions between the various different ways one can compete with the project. We address the misconception that the Bitcoin Core software repository has the unique capability to change or prevent changes to Bitcoin’s consensus rules. We also discuss some common misconceptions and explain that if the Bitcoin Core repository becomes hijacked by nefarious actors or deleted, Bitcoin should be largely unaffected. Venn diagram illustrating the various ways to “compete” with Bitcoin Core (Sources: Bitcoin ABC, Bitcoin UASF, BTCGPU, Bitcoin XT, BTC1, Bitcoin Classic, Bitcoin Cash Cobra, Bitcoin SV, Bitcoin Unlimited, BitcoinX, Bitprim, Bcoin, Parity Bitcoin, BTCD, Libbitcoin, Caesure, Bits of Proof, Bitcoinj, Ufasoft Coin, Bitcrust, Picocoin, Bitcoin Addrinex, Bitcoin Knots, Bitcoin-RBF, Bitcoin BitMEX Research) The three kinds of competition The debate over competing consensus rules Conclusion