Bitcoin Is “Exponential Gold”, Fidelity Director Of Global Macro | ZeroHedge

Authored by Jake Simmons via Bitcoinist.com,

In a recent statement via X (formerly known as Twitter), Jurrien Timmer, the Director of Global Macro at Fidelity, expounded on Bitcoin’s latest market movements and reiterated his view of the digital asset as “exponential gold.”

What This Means For Bitcoin

In his analysis, Timmer compared BTC to gold, noting gold’s limitations in modern economics.

He explained that gold is money, but is “too deflationary and (more…)

Continue ReadingBitcoin Is “Exponential Gold”, Fidelity Director Of Global Macro | ZeroHedge

Bitcoin White-Paper Turns 15 As Satoshi Nakamoto’s Legacy Lives On | ZeroHedge

Authored by Brayden Lindrea via CoinTelegraph.com,

“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi wrote in an Oct. 31 email in 2008…

Today marks 15 years since the pseudonymous creator of Bitcoin, Satoshi Nakamoto, shared the Bitcoin white paper to a mailing list of cryptographers on Oct. 31, 2008 — a date also annually celebrated as Halloween.

“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi famously said in the opening sentence before linking the document titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”

Satoshi’s email notifying other cypherpunks about their release of the Bitcoin white paper. Source: Satoshi Nakamoto Institute

The white paper proposed a decentralized system that could facilitate peer-to-peer transactions, which could solve the “double (more…)

Continue ReadingBitcoin White-Paper Turns 15 As Satoshi Nakamoto’s Legacy Lives On | ZeroHedge

Is Bitcoin Deflationary? And What To Expect Next? | ZeroHedge

Submitted by Seth Chalnick (@seth_oshi),

Inspired by this ZeroHedge article about the Cantillon Effect, a friend asked me today if I follow how Bitcoin is perceived as “deflationary”?

This came within the context of a broader discussion about “fiscal dominance” as it relates to market-breaking events imploding in real-time.

My response follows…

Excellent article explaining the Cantillon effect… i.e. how those closest to the printing presses benefit not just (more…)

Continue ReadingIs Bitcoin Deflationary? And What To Expect Next? | ZeroHedge