Understanding Bitcoin’s Energy Consumption – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] Watch This Episode On YouTube Listen To This Episode: On this episode of “Bitcoin Bottom Line,” host C.J. Wilson was joined by veteran and contributor to Bitcoin Magazine Mike Hobart. Wilson and Hobart share similar backgrounds in exercise, physiology and kinesiology. Hobart’s journey started in 2013 when he joined the military. He gave credit to the book, “Man’s Search For Meaning” by Viktor Frankl for opening himself up to finding purpose after being in a dark place. He studied exercise science while in school allowing him to now write articles…

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How Bitcoin Ends Injustice – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] Decoupling Exploitation From Gain: How Bitcoin Ends Injustice And The Importance of Orange-Pilling The Activist Community Tens of millions of people in the United States consider themselves activist- and social justice- minded; individuals engaged in some form of work that is either directly or tangentially focused upon political/social change. Indeed, according to Gallup, some 40% of Americans see themselves as environmentalists. And a recent Case Foundation study (2017) reveals close to 1 in 5 millennials identify as activists in one manner or another. Until we do a better job…

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Bitcoin Identity Design Emancipated – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] “Biomimicry is innovation inspired by nature. In a society accustomed to dominating or ‘improving’ nature, this respectful imitation is a radically new approach, a revolution really. Unlike the Industrial Revolution, the Biomimicry Revolution introduces an era based not on what we can extract from nature, but on what we can learn from her.” — Janine Benyus Where we are headed appears more complicated than perhaps understanding how we got here. Because history is our teacher and can inform how we choose to cocreate our future, we must pay homage to…

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Bitcoin Magazine Hanukkah Special – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] Watch This Episode on YouTube Listen To This Episode: [0:06] Leigh Cuen: Hello, can everybody hear me? [0:09] Jeremy Rubin: Hello, hello. [0:10] Leigh: Awesome. Thank you so much for making me a co-host here. Awesome. We’ve got The Rabbi, and Jeremy you there too? [0:16] Jeremy: Hello. How’s it going? [0:18] Leigh: Hey, everybody, chag sameach. Happy Hanukkah. [0:22] The Bitcoin Rabbi Caras: Hanukkah sameach. Happy Hanukkah. [0:24] Leigh: Cool. I’m super excited about this. I don’t think I’ve ever had so many friends to celebrate Hanukkah with.…

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Bitcoin Is Self Preservation – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] Bitcoin Is Self Preservation The Center Cannot Hold: 15 All living organism share a universal behavior set called self preservation. Self preservation is the set of behaviors that ensures the survival of an organism. Bitcoin is financial self preservation. Many hold Bitcoin to increase the longevity and appreciation of their wealth and therewith their health. Buying Bitcoin is trading time now for time later. Its price appreciation and value preservation allots one more time to attend to physical and mental health needs. One function of Bitcoin is to release…

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Bitcoin Biases Making Ignorance – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] “Real knowledge is to know the extent of one’s ignorance.” – Confucius Previous articles talked about Bitcoin and the cognitive biases that lead to misconceptions about Bitcoin. Backing up a bit, we can look at the knowledge, or ignorance that contributes to these misconceptions. It’s important to understand a bit more about ignorance so that we can understand the differences in some of the ignorant narratives around Bitcoin. Most importantly, we need to understand that some narratives are from a situation of really not knowing, and some narratives are…

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Emergence Of Bitcoin-Native Bonds – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] The below is a direct excerpt of Marty’s Bent Issue #1116: “The emergence of bitcoin native bonds.” Sign up for the newsletter here. As I’m sure some of you freaks are aware of already, the country of El Salvador has announced they will be issuing a $1B bond via the Liquid Network leveraging the expertise of Blockstream and Bitfinex. The bond will be split into two $500M tranches, one of which will be used to purchase and hold bitcoin for at least five years and the other of which…

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Bitcoin Qualia – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] Bitcoin Qualia The Center Cannot Hold: 13 Subjectivity deals with an individual’s conscious experience. A person’s agency, perspective, desires, beliefs, and feelings are all subjective. Objectivity in philosophy deals with reality outside of subjectivity. Objectivity is the state of all things without conscious bias. Bitcoin is objective money. Fiat is not. There are no individuals or small groups of conscious experiences at this point in Bitcoin’s trajectory that can affect how Bitcoin operates. A person may have a subjective desire to sell their Bitcoin, but when carrying out that…

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The Bitcoin Dilemma – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] The Bitcoin Dilemma The Center Cannot Hold: 11 Game theory is the science of multi-agent decision making. It uses mathematics to study the strategic interaction of rational decision makers. Game theory has social, logical, and computer science applications. It also has Bitcoin applications at the personal, social, business, and nation state levels. Perfect vs Imperfect Information Sequential games can be organized into two categories, those with perfect information (e.g., checkers) and those with imperfect information (e.g., bridge). A game of perfect information requires that all players know the strategies…

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The Bitcoin Rorschach Test – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

[ad_1] TXID: cdd8014a379a8731fc9e9ba1fef8954ccda9e8300356c6f198144dee11bcdd36 Image source We would like to think of ourselves as masters of technology. We are the craftsmen, practitioners and creators. This assumption underpins many of our accepted models for understanding history. It’s a comforting way to view the world, with humanity and its heroes as the authors of our destiny. What is a far more uncomfortable truth is that technology equally creates and influences us, and molds the collective behavior that we call culture. The invention of agriculture made the town the primary social unit, while the…

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