One of the central value propositions of Bitcoin is that no matter what happens, if you pay a high enough fee some miner out there in the world will confirm your transaction. In other words, Bitcoin is censorship resistant. There is a very good reason that the phrase “censorship resistant” is the wording you hear…
The atmosphere at Bitcoin Amsterdam, organised by Bitcoin Magazine, starkly contrasted with the real guts and heart of the movement headlined by Edward Snowden and Stella Assange, both lives have been profoundly impacted by the struggle against censorship. This isn’t to diminish the buzzing hope and optimism of the conference with over 2,000 attendees, rather,…
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. “The reason that we are focused on financial institutions and payment processors is because they are the so-called bottlenecks, or choke-points, in the fraud committed by so many merchants that…
Bitcoin is a geographic chameleon. And, as such, this “magic internet money” that lives on a decentralized, permissionless system is changing the world right in front of us. One of Bitcoin’s many superpowers is that it takes on different aliases in various cultural environments. For many comparatively-wealthy North Americans, views on Bitcoin range from an…