In case some of you freaks haven't heard yet, yesterday the market became aware that OFAC, the Office of Foreign Asset Control, had sanctioned two bitcoin addresses belonging to two Iranian men who have launched ransomware attacks for the last 5 years.
The narrative that persisted last year was that Bitcoin is boring, slow, and rudimentary while ICOs are the wave of the future, and the mania around this hot toy + narrative drove prices into irrational levels.
To me, the best path to fulfilling the dream of Bitcoin as a super decentralized GLOBAL system includes a (totally round) world in which we have plug and play hardware that serves multiple purposes like Francis' miner + furnace above. At the moment, these visions may seem like pipe dreams
In case some of you freaks haven't heard yet, yesterday the market became aware that OFAC, the Office of Foreign Asset Control, had sanctioned two bitcoin addresses belonging to two Iranian men who have launched ransomware attacks for the last 5 years.
The narrative that persisted last year was that Bitcoin is boring, slow, and rudimentary while ICOs are the wave of the future, and the mania around this hot toy + narrative drove prices into irrational levels.
To me, the best path to fulfilling the dream of Bitcoin as a super decentralized GLOBAL system includes a (totally round) world in which we have plug and play hardware that serves multiple purposes like Francis' miner + furnace above. At the moment, these visions may seem like pipe dreams
There I was, sitting at my desk minding my own business when I got a notification from Twitter user@CupHandleMacro who shared this Medium post with me. Our boy Cup sent me to a 25-minute deep dive into China, The US, The Fourth Turning and Bitcoin that I was not
