The Sunday Crypto Recap - Down the Rabbit Hole 64
The market is showing some signs of life. Volumes are up, as are prices across most cryptos. Happily, both BTC and Alts are trending upwards together. BSV went on a fantasy trip to nowhere, accompanied by Bitcoin Cash, Bitcoin Diamond and Bitcoin Gold for good measure. Other Alts are showing much more promising and sustainable appreciation. Much too early to tell if this is the start of something exciting and remember just because XYZ pumps 30%+ does not make it a wise investment. As always, there's far more than price going on in the cryptosphere - enjoy!
Picks of the Week
If you are new to crypto this is an ideal introduction to the value proposition that is Bitcoin. While you’re at it this podcast/reading does an excellent job of explaining why BTC is not backed by nothing.
An optimistic perspective on the future potential of Bitcoin:
https://twitter.com/surferjimw/status/1215729057763033088
BTC supply is tight tight tight:
https://twitter.com/clarkmoody/status/1216958547767902209
Rejecting Proof of Stake (worth thinking on):
https://twitter.com/matt_odell/status/1039542959891472385
BTC bears may have to reconsider:
https://twitter.com/MustStopMurad/status/1216898845185138689
On bookmakers/traders:
https://twitter.com/hodloncomrades/status/1215824605069185024
The journey towards becoming a Bitcoiner (funny but entirely accurate for many):
https://twitter.com/pourteaux/status/1216888086858289153
Oracles and smart contracts are barely understood concepts even within crypto:
https://twitter.com/DLTPandu/status/1215787017646280704
A visualization of the rise of DeFi (highly recommended):
https://twitter.com/JamesTodaroMD/status/1216812801454477312
An NBA player goes crypto:
https://twitter.com/lawmaster/status/1216652458514165762
Rate cuts over the last year:
https://twitter.com/charliebilello/status/1217810430208479232
Articles
An Introduction to the Efficient Market Hypothesis for Bitcoiners by Nic Carter(highly recommended):
https://medium.com/@nic__carter/an-introduction-to-the-efficient-market-hypothesis-for-bitcoiners-ed7e90be7c0d
Bitcoin, trust, and simplicity:
https://www.theblockcrypto.com/post/52053/bitcoin-trust-and-simplicity
Arguing for the implementation of privacy features into Bitcoin:
https://www.bullyesq.com/blog/bitcoin-has-a-privacy-problem
Setting up your own Bitcoin node:
https://medium.com/@6102bitcoin/secure-sovereign-bitcoin-in-25-easy-steps-d5f2a1139b56?
Potential Bitcoin upgrades on the horizon (recommended):
https://bitcoinmagazine.com/articles/2020-and-beyond-bitcoins-potential-protocol-upgrades
Start-ups looking at their launches in the context of 2020:
https://hackernoon.com/if-you-were-to-start-your-blockchain-startup-from-scratch-in-2020-what-would-you-do-differently-wjp32du
A vision of zero collateral DeFi (interesting concept):
https://medium.com/fabrx-blockchain/meet-zero-collateral-dcfe27fb3a2d
We might miss cash once it's gone (recommended):
https://www.technologyreview.com/s/614998/an-elegy-for-cash-the-technology-we-might-never-replace/
Podcasts
An excellent way to start your Bitcoin journey (highly recommended):
Bitcoin is indeed not backed by nothing and here’s why (highly recommended):
https://open.spotify.com/episode/7mpFtsVJm31OLoQkeIPKNV?si=rEvTQkttSmG7l1uvmCDRhw
YouTube
Excellent Bitcoin timeline with attached article (highly recommended):
https://www.thestreet.com/investing/bitcoin/bitcoin-history-14686578
Briefly analyzing this current Bitcoin breakout:
How secure is the Bitcoin base algorithm (dates to 2017 but nonetheless highly relevant):
Global market predictions for 2020:
Another excellent EOS mega update for Colin (highly recommended):
So, what exactly is an EOS block producer?:
Infographics
Comparing BTC returns in 2019 against a few related alts/asset classes:
The crypto journey many of us take:
https://twitter.com/mrjasonchoi/status/1214365235068297217/photo/1
Website / Utility
Interested in what the rich and famous have to say about Bitcoin? Here you go:
https://www.bitcoinersanonymous.com/
I hope you found a lot to like in this week’s trip down the ever-interesting crypto rabbit hole. As always, looking forward to your comments and suggestions.
Note on Sources:
Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.
