Allen Farrington has written this monumental article regarding market inefficiencies. Prepare yourself to dive pretty deep!
Well, because they don’t understand money, or don’t want to learn.
An excellent Reddit post from Nick Bravo:
Unchained capital dives deeper into the possible scenario’s when there will be hyperbitcoinization. Can there be Bitcoin on Mars? And how about mining there?
Interesting (maybe far fetched for now, but it will come) article here:
With Bitcoin, you have the base layer (layer 1). The Bitcoin network most people know. But there is more! Layer 2, sidechains, smart contracting.
What are some of those innovations that are being worked on?
Excellent article from Lucas Nuzzi:
A Look at Innovation in Bitcoin’s Technology Stack
Read it here:
The financial system in its current form is in for an abrupt change in the next few years. The FED and other central banks are printing enormous amounts of money. This will not end well!
Bitcoin fixes this, read more about it here:
New to Bitcoin?
Securing your wallet.
Bitcoin price is volatile.
Bitcoin payments are irreversible.
Bitcoin is not anonymous.
Unconfirmed transactions aren’t secure.
Read this well-written article on bitcoin.org:
Bitmex, the big cryptocurrency exchange that focusses mostly on bitcoin, published an excellent PDF file summarizing the economics of Bitcoin:
This report is a three part piece on Bitcoin economics. In the first piece, published in
October 2017, we look at common misconceptions with respect to how banks make
loans and the implications this has on the ability of banks to expand the level of credit
in the economy. We analyse the inherent properties of money which ensure that this
is the case and evaluate the impact this could have on the business cycle. In part two,
also published in October 2017, we look at why Bitcoin might have some unique
combinations of characteristics, compared to traditional forms of money. We explain
the implications this could have on the ability of banks to engage in credit expansion.
In part three, published in May 2018, we look at the deflationary nature of Bitcoin and
consider why this deflation may be necessary due to some of Bitcoin’s weaknesses.
We also look at how Bitcoin could be more resilient to some of the traditional
economic disadvantages of deflation than some of Bitcoin’s critics may think.
You can download it here:
Sending and Receiving.
Learn all about it here on bitcoin.it wiki:
After discovering the scale of digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men — even with a sum as small as 10 Bitcoins. It’s just so hard to believe.
I am pretty confident we are the new wealthy elite, gentlemen!
The world just isn’t going to be the same and we have been blessed as the pioneers.