Bitcoin Marketcap
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Gold Marketcap
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BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
Bitcoin Marketcap
$1.15T
Gold Marketcap
$16.16T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
11 Apr 2012 | | Price when published: $4.88 (ROI since: +1,243,500%)
This is one of the older articles explaining bitcoin, but still very useful, especially to those who are interested about bitcoin from a political perspective.
Topics include:
- What is Bitcoin, and how does it work (very high level overview)
- Why is Bitcoin valuable? (scarcity, seizure resistance, zero counterparty risk)
- Krugman vs the Austrian perspective
- Private money and the concept of "backing"
- How to obtain and store bitcoin (some examples outdated, but concepts still valid)
- Bitcoin vs The State
- Bitcoin and Disruption
This article is a primer on Bitcoin: an overview of the fascinating new phenomenon from the perspective of a humble libertarian who cares more about the ramifications for human liberty than about the technical protocol and brilliant science underlying the network.
The basics of Bitcoin are all covered here, ranging from a light technical overview to due diligence to monetary economics and theory.
What do you think of this piece?