Charity’s Centralization Problem, Feat. Matthew Davie and Alpen Sheth

Bitcoin mining centralization - the concentration of mining power in the hands of a small number of corporate entities - is considered by many people to be the single biggest problem facing the cryptocurrency today. One of the biggest selling points of Bitcoin is, after all, the fact that it is a decentralized network that does not need to rely on users trusting large corporations, such as the 'too big to fail' banks which many would like to see replaced by cryptocurrency. Bitcoin's mining centralization not only contradicts this decentralized ethos, but also potentially puts the network....

At the crux of the block-size limit debate in Bitcoin is an argument between scaling and securing the network. Although raising the block-size limit would allow more transactions to be processed in each block, it could also limit the ability for individuals in some parts of the world to run a full node or participate in the mining process. This problem would arise due to the increased costs of processing a greater number of transactions every 10 minutes as a full node. Blockstream co-founder and President Adam Back recently discussed the security vs. scalability debate on an episode of....

In a year when the popular narrative says money printing went crazy, the host of “Making Sense/Eurodollar University” says the problem is actually too little money.

On this episode of Fed Watch, Matthew Mežinskis discusses "base money" and the ways that it relates to Bitcoin and the larger economy. The post Video: Calculating Base Money With Matthew Mežinskis appeared first on Bitcoin Magazine.

Matthew Pines joins the podcast to discuss his paper which outlines how bitcoin acquisition is a strategic opportunity for the United States.