Volatility and a bearish tinge defined last week’s price action. Zooming out - nothing to fret on just yet. Flash DeFi allowed some creative means to rake in profits highlighting the experimental nature of this sector. World markets continue to ignore the ramifications of a global behemoth in lockdown - anticipating easy monetary policy to keep the party going.
As always, the week was not lacking in developments from Sweden’s Central bank trialing a broad implementation of crypto to Cardano successfully hardforking in anticipation of the phase Shelley launch.
Picks of the Week
A standout this week is this article exploring the many aspects of Bitcoin adoption. In addition, this brief comparison of the value proposition of BTC versus the Alts is well worth checking out.
Attributes of a typical Bitcoiner (highly recommended):
https://twitter.com/AleksSvetski/status/1227819486524235776
Arguing that the next round of no-coiner entry into crypto will dwarf what has gone before:
https://twitter.com/WhiteRabbitBTC/status/1227593793777491968
Follow this link to a series that will take you deep into the crypto rabbit hole (highly recommended):
https://twitter.com/GordonBuckley3/status/1227010545691217920
Does fractional reserve banking make sense with bitcoin as a global reserve asset?
https://twitter.com/thibm_/status/1227022756975448065
Craig Wright is not Satoshi and there’s ample evidence to prove it:
https://twitter.com/AriDavidPaul/status/1227035693081382915
Discussing and visualizing DEX:
https://twitter.com/teo_leibowitz/status/1228461705338007554
On trust and governments:
https://twitter.com/gladstein/status/1228888570259107840
How QE leaves the 99% ever further behind (highly recommended):
https://twitter.com/GeorgeGammon/status/1228435284322406400
Pondering the ‘everything rally’ (recommended):
https://twitter.com/Kevin_Kelly_II/status/1230291678088638465
Articles
Exploring the many aspects of Bitcoin adoption (highly recommended):
https://philjbonello.substack.com/p/the-many-angles-of-bitcoin-adoption
On Bitcoiner traits (recommended):
https://medium.com/the-capital/what-it-takes-to-be-a-bitcoiner-607c08d171f2
Efficient Market Hypothesis and Bitcoin Stock-to-Flow Model:
https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107
Exploring whether Bitcoin’s decentralization is threatened by a new type of hash rate centralization (recommended):
https://medium.com/in-bitcoin-we-trust/bitcoins-decentralization-is-threatened-by-a-new-type-of-hash-rate-s-centralization-e058ea215138
Is 2020 the year Wall Street co-opts/adopts crypto?:
https://markhelfman.com/2020/02/07/2020-the-year-wall-street-takes-over-cryptocurrency/
A defense of online transaction privacy (recommended):
https://coincenter.org/entry/we-must-protect-our-ability-to-transact-privately-online
Discussing cryptography-based voting and the US elections:
https://hackernoon.com/cryptography-based-voting-and-the-us-elections-the-reality-baq23ao6
Has this article nailed WAX’s partnership - I think it has (not Disney as I first thought):
https://www.eoswriter.io/167221_who-is-the-iconic-global-company-wax-is-partnering-with.eos
A DeFi exploit (?) explored:
https://messari.io/article/messari-daily-brief-bleedfi
Part One of an ambitious AI series - this one setting its sights 5 years from now (non-crypto specific):
https://hackernoon.com/ai-in-five-fifty-and-five-hundred-years-part-one-e630058b547f
Podcast
Bitcoiner toxicity towards altcoins is neither entirely tribal nor without merit (recommended):
https://anchor.fm/the-two-minute-crypto-podcast/episodes/Two-Minute-Crypto--Placing-Bitcoiner-Toxicity-Towards-Altcoins-in-Context-eaotam
YouTube
An eloquent vision of the opportunity that is Bitcoin:
Why BTC?:
Prediction cap for BTC in 2020:
Exploring the potential return of BTC versus the Alts (highly recommended):
A tour of the Ethereum ecosystem and pending developments (recommended):
Escaping the fiat scam:
Infographics
Sure looks like progress:
https://twitter.com/TheCryptoLark/status/1230268796767596544/photo/1
Bitcoin Maximalism as a service:
https://twitter.com/MarioLemieux99/status/1225934032128614400/photo/1
Website / Utility
Great site for exploring Bitcoin statistics/metrics (highly recommended):
The weeks seem to fly by - the rabbit hole ever deeper, ever more involving! As always, looking forward to your comments and suggestions.
Note on Sources:
Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.
