BWJ 028: Time Travelling Energy; Privacy For Beginners; Bitcoin Is Unique; and more...
This week: Why might it be possible to donate energy into the future? How much work is really required to improve our digital security? When do we pay attention to the actions of financiers?
Time Travelling Energy
Why might it be possible to donate energy into the future?
Sometimes you read something, and you have to re-read it, and even then you’re not entirely sure you have understood what it means. “Bitcoin is Time Travelling Energy” by Michael Dunworth falls into that camp for me, likely due to my naivety, however it is asking plenty of extremely astute, complex, and poignant questions.
What does Bitcoin look like in 100 years? How does its energy consumption evolve over time? Will it be possible to send energy to our future selves? Love it! We’re really getting into some existential territory here, which all too often, is brushed aside as too complex.
Given a big part of what I am doing everyday is trying to find a reason Bitcoin will fail, simply to avoid a spectacular investment mistake, this was a refreshing take on what outrageous success might look like. I laud anyone taking the time to consider these ramifications, the chances are, even the most bullish of Bitcoiners have no idea what is about to happen…
Privacy For Beginners
How much work is really required to improve our digital security?
What information of mine is valuable? Who do I not want to have it? Why would anyone care about me? I think most of us are guilty of not asking these questions seriously, however the good news is, fashioning a strategy to improve our digital privacy is easier than ever.
This conversation between Lili and Stephan Livera sparked a refreshed interest in the subject, with plenty of helpful tips, and multiple accessible strategies to action. With plenty of talent focused on privacy as a problem, an impressive array of innovative products are now available, so in reality we all have no excuse but to improve.
Critically, they dissect why it’s important to hold both KYC Bitcoin, and no-KYC Bitcoin. As much as I am not predicting to be hunted down for purchasing Bitcoin via an KYC exchange, now or well into the future, having a strategy that takes into account all risk is certainly prudent.
Bitcoin Is Unique
When do we pay attention to the actions of financiers?
Listening to Dan Tapiero explain to Daniel Prince his high-level rationale for being bullish Bitcoin, was not only wonderfully concise, but rather comforting. If people with this kind of high-level investment pedigree are bullish Bitcoin, then it’s only rational to leverage their opinion, and hone one’s personal investment strategy.
Of specific note was the clarification of how profound a moment Bitcoin represents, due to the solving of the Byzantine General’s problem, which makes it totally “unique”. Sometimes it’s helpful to be reminded of why we’re here, as we watch this nascent technology take shape, especially with insights this valuable.
It’s exciting to consider so many in the investment world are yet to wake up to the opportunity Bitcoin represents, all the capital they control, and ability to turbo-charge growth. When one is able to tap into the inner thoughts of experienced, respected, and successful financiers, one can’t help but pay attention…!
Bitcoin With Jake Podcast
My first episode with Knut Svanholm is now available!