How I Quit My PhD And Went Full-Time Bitcoin - Ryan X. Charles
My talk at the Texas Bitcoin Conference, March, 2014.
Topics discussed: * Why bitcoin is exploding - the four forces that monetize bitcoin (intrinsic value, first-mover advantage, network effect, self-interest of bitcoiners) * Bitcoin is the economic singularity * How I quit my PhD and went full-time bitcoin (of course) * Privacy in bitcoin wallets (mixing, coinjoin, merge avoidance, stealth addresses) * Security in bitcoin wallets (multisig, 2-of-3, 3-of-5)
Aphorism: Bitcoin is private, not anonymous.
Explanation: Bitcoin is private because your identity is firewalled from the blockchain. Your identity exists, but you don’t tell everyone what your identity is. You only tell the people you are transacting with. And even then, you only tell them if you want or need to. Bitcoin is not anonymous, because anonymous means your identity is not known or cannot be proved by anyone. Everyone needs privacy. No one needs anonymity. Bitcoin is private, not anonymous.
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https://www.youtube.com/watch?v=jLrwfl6b7P4
* “Bitcoin is not just an open source project”
* “This is how miners buy the dip”
* BCH hash rate chart https://www.coinwarz.com/network-hashrate-charts/bitcoincash-network-hashrate-chart
* Antpool has started mining BCH https://twitter.com/BITCOlNCASH/status/899327769850466304
* Antpool launches auto-switching pool for BCH/BTC https://twitter.com/ryanxcharles/status/899667570705408000
* A bunch of miners on BCH now. 30% of total hash rate. See fork.lol
* Wang chun f2pool to switch completely to BCH - so they say https://mobile.twitter.com/f2pool_wangchun/status/899836583427407872
* Enough miners have switched from BTC to BCC that is has noticeably impacted the hash rate of BTC https://twitter.com/ryanxcharles/status/900018047477579777
* BCC is now the “longest chain” as measured by number of blocks
* Eric Lombrozo claims a “suit” is being prepared against people who signed NYA https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-August/000259.html
* Average transaction fees on BTC have reached $7 https://twitter.com/Blockchair/status/900316190844870657
* Bitcoin users vent frustration over high fees https://cointelegraph.com/news/bitcoin-users-vent-frustration-as-hashrate-drops-50-percent-in-4-days
* Bitcoin.com has an article about how Yours is switching to Bitcoin Cash https://news.bitcoin.com/reward-based-social-media-platform-yours-switches-from-litecoin-to-bitcoin-cash/
* Blocks are arriving very slowly on BCC today (Wed Aug 23) and there will probably be another EDA soon
* Blockchain.info to support bitcoin cash https://news.bitcoin.com/blockchain-info-to-support-bitcoin-cash/
* Segwit activated http://segwit.party/
* Bitcoin fees hit an all-time high https://bitcoinfees.info/
* Tom Zander’s comment on mining BCC vs. BTC https://www.reddit.com/r/btc/comments/6vp9g8/psa_miners_are_gaming_bitcoin_cashs_emergency/dm1zk5k/
* Antpool mines an empty block on BTC https://twitter.com/ToneVays/status/900847835347865602
* BitPay will switch from Bitcoin Core to btc1 in November https://blog.bitpay.com/segwit2x/
* Matt Corallo accuses barry silbert of a conspiracy on twitter https://twitter.com/barrysilbert/status/901154374319198208
* Eric Lombrozo threatens Barry Silbert https://twitter.com/eric_lombrozo/status/901173793564934144
* Jeff Garzik has had enough of core’s BS https://twitter.com/jgarzik/status/901208823528140800
* Bitcoin (BTC) fees are currently about $5 per transaction
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https://www.youtube.com/watch?v=3ZgPgwOC_Hs
Jordan Peterson - 12 Rules for Life: https://www.amazon.com/12-Rules-Life-Antidote-Chaos/dp/B0797Y87JC/ref=sr_1_1?keywords=12+rules+for+life&qid=1567417212&s=books&sr=1-1
Jordan Peterson - Maps of Meaning: https://www.amazon.com/Maps-Meaning-Architecture-Jordan-Peterson/dp/0415922224
Jordan Peterson - Genesis Lectures: https://www.youtube.com/watch?v=f-wWBGo6a2w&list=PL22J3VaeABQD_IZs7y60I3lUrrFTzkpat
Jordan Peterson - Lectures on Maps of Meaning: https://www.youtube.com/watch?v=bjnvtRgpg6g&list=PL22J3VaeABQAGbKJNDrRa6GNL0iL4KoOj
Paper on the entropy density of the universe: http://philsci-archive.pitt.edu/13178/1/Cosmology%20and%20entropy.pdf
Economics in One Lesson - by Henry Hazlitt: http://www.hacer.org/pdf/Hazlitt00.pdf
Money Button: https://www.moneybutton.com
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https://www.youtube.com/watch?v=93WGbFqmmQQ
* ETA 4 days. Vlog 10.
* Bitstamp will not support bitcoin cash https://www.bitstamp.net/article/bitcoin-hard-fork-our-position/
Bitpay won’t suspend service https://blog.bitpay.com/august-1-service-update/
* Kraken will support BCC http://blog.kraken.com/post/163504189522/bitcoin-cash-and-a-critical-alert-for-bitcoin
* HitBit has BCC futures https://hitbtc.com/exchange/BCCF-to-USD
* Eli afram https://twitter.com/justicemate/status/890945234636488704
* Shaolinfry https://www.reddit.com/r/btc/comments/6en622/confirmed_btcdrak_is_shaolinfry_btcdrak_is_a_core/
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https://www.youtube.com/watch?v=0rypetK0KvY