The value of the average bitcoin transaction rose from $4,000 to $80,000 in 2017. coinmetrics.io/charts/#assets…

So Coinbase 🛡️ is one of the main causes of the current transaction backlog. Not because they bring in "so many new people", but because of their incompetence with how to handle outgoing transactions (and obviously UTXO management). x.com/jordantuwiner/…

1/ Here’s why I think Ethereum & Proof-of-Stake are bad ideas.

Twitter as a private company already has load of internal policies which the Bitcoin account is in clear violation of. It's at best brand theft / impersonation and at worst a phishing attack. Please jack @TwitterSupport look into the numerous reports filed against it.

Coinbase is going to realize they only kicked the can down the road when they supported Bcash. The ONLY way out is implementing segwit and batching txs, but that will cause $BTC to spike and bcash to fall! The flippening didn't happen, so they have no choice but to implement.

Word x.com/saifedean/stat…

Bitcoin just provides verifiable transferable divisible truth. If that breaks the system then the system was already broken.

Fantastic piece, simply written, on the promise of blockchains: mobile.nytimes.com/2018/01/16/mag…

Bitcoin processed $375.6 billion worth of transactions in 2017. That's more than four times what Western Union processed, and probably more than your bank, too.

Crypto assets don't take power away from banks and governments to print money. They empower /anyone/ to print their own money and then the market can choose which monetary properties are most desirable.

Blockchain tech is more than a decentralized, immutable ledger for data. It represents a way to achieve consensus without the subliminal, ominous threat of violence. I’m afraid this beautiful conception of a peaceful solution is being trampled on by the human condition: greed.

pscp.tv/w/bTGpjTEwNTY1…

In other news, this Boston Dynamics robot learned how to open doors and escape with its friends: bit.ly/2EpPwXJ

Bill Tai: Shifting from tokenization of petroleum (US dollar) to tokenization of electricity, reflecting the shift in pre-eminence between oil (industrial) and electricity (post-industrial) in its importance to society. 19:30 - 23:52 youtu.be/lp5Yx34SO58?t=…

Why don’t children grow jaws that fit 32 #teeth anymore? The answer is relatively simple: #diet. drstevenlin.com/forgotten-caus…

It cannot be understated how seriously governments globally take the threat of capital flight, money laundering, and financial crimes that either fund illicit activity or reduce tax revenue.

This is amazing. x.com/estherschindle…