January 15, 2021 - Bitcoin Weekly makes its comeback in 2021
Bitcoin’s success is now inevitable - Here are 6 reasons that will finally convince you
The bull run at the end of 2020 has seen the arrival of a significant number of institutional investors in the world of Bitcoin. These savvy investors come to the world of Bitcoin with a long-term vision. For them, the success of Bitcoin is now inevitable.
This article will give you 6 reasons that will convince you that Bitcoin is the future of money.
Because Bitcoin Is A Necessity, Its Economy Will Be Circular
Bitcoin is the perfect money in that it embodies all of the properties and functions of money — as a store of value (SoV), medium of exchange (MoE) and unit of account (UoA) — and does so in a way that any person or participant, from anywhere in the world can:
1. Save without having their wealth invisibly stolen
2. Spend without some big-brother-type institution telling them with whom or what they’re allowed to do so
3. Account for, audit and verify what they have, when they received it and how much it is in relation to the whole supply.
The Bitcoin revolution is made possible by the seven fundamental pillars on which the Bitcoin system is based. This article will present them to you without the order of appearance indicating a greater importance of one of the pillars over the others.
Time is money, or so the saying goes. It follows that money is also time: a representation of the collective economic energy stored by humanity. However, the link between time and money is more intricate than it might seem at first. If money requires no time to create, it doesn’t work as money very well, or not for long. More profoundly, as we shall see, keeping track of things in the informational realm always implies keeping track of time...
Breakthroughs, that step-change our lives for the better, invariably come from something that most people couldn’t see. Our belief of how the world should exist and operate is shaped from looking backwards, not forward, so it makes sense that new paradigms that change everything — face resistance in our minds. Because most people don’t see them, breaking through an existing paradigm needs to provide enough compelling value for users to disrupt an old paradigm. Apple’s iPhone for instance, didn’t copy the market leader, Research in Motion’s Blackberry design of needing a keyboard or selling to businesses who required RIM’s security. It created a digital interface when that wasn’t ‘needed’ and created an entirely new platform that changed the industry as a result. Along the way, the Blackberry died, unable to compete with the value for users, that was now increasing exponentially on Apple’s platform...
One of the most important parts of the Bitcoin journey is learning to talk about Bitcoin in a way that connects with people. There have been a lot of approaches.
There’s the investment case for bitcoin, the self-sovereignty case for bitcoin and even the societal case for bitcoin. What there hasn’t been is the moral case for bitcoin. The moral case for anything is a different beast than the others because we’re not appealing to self-interest, we’re appealing to something that’s deeper in the human soul.
For this reason, a moral argument resonates deeper and trumps other arguments. By making this argument for Bitcoin, we’re taking the moral high ground, an argument that’s stickier and more lasting...
The Two Fundamental Reasons Why People Will Continue To Buy Bitcoin in the Coming Years
Block after block, the Bitcoin revolution continues its path. Whether you like it or not, whether you support its revolution or not, Bitcoin continues to work day after day all the time. Since its official launch by Satoshi Nakamoto on January 3, 2009, Bitcoin has had an uptime of 99.98%.
In an increasingly uncertain world, Bitcoin offers you incredible guarantees. You know that no matter what happens, the Bitcoin network will work. So you will be able to enjoy the fundamental freedoms that Bitcoin gives you:
- The freedom to send your BTC
- The freedom to receive BTC
- The freedom to HODL BTC
Combined, these freedoms give you total power over your life. With Bitcoin, you are able to live your life on your own terms. You no longer have to worry about the monetary inflation of the U.S. dollar, which slowly but inevitably reduces your purchasing power over time...
[BOOK] 2020: The Year When Everything Changed for Bitcoin
The year 2020 will remain forever as a decisive year in the history of Bitcoin. The coronavirus pandemic has triggered an economic crisis of a magnitude not seen for decades that has highlighted more than ever the incredible benefits of Bitcoin.
Writing daily about Bitcoin on my In Bitcoin We Trust website, I have been a privileged witness of this unprecedented change of mentality around Bitcoin. With this book, I wanted to retrace with you the highlights of the year 2020 for Bitcoin through the 25 best articles published on In Bitcoin We Trust.
It will show you one essential thing: my faith in Bitcoin has never wavered. It will also allow you to understand why Bitcoin is revolutionary, but more importantly, how you can be among those who will benefit most from its revolution in the years to come. The secret is to have total confidence in Bitcoin so that you can adopt the best strategy available: buy Bitcoin in Dollar-Cost Averaging mode and then be a Bitcoin HODLer no matter what.
This book will help you prepare for the phenomenal year 2021 that awaits Bitcoin. Don't be surprised if Bitcoin sees its price reach $100K during this year, because everything is explained in my book to help you understand why the Bitcoin phenomenon will only grow in the years to come.
The success of Bitcoin is simply inevitable from now on.
tl;dr:
- Better capacities for smart contracts
- Increased privacy. The Taproot update will increase privacy for certain types of transactions. Schnorr's signatures will allow multi-signature transactions or transactions involving multiple addresses to appear as a simple and standard transaction to everyone. Multi-signature transactions are often used to develop smart contracts.
- Cheaper transactions. The final important benefit of Taproot is that Schnorr's signatures reduce the data needed for multi-signature transactions, which are more complicated to process than standard transactions.