๐๐ถ๐๐ฐ๐ผ๐ถ๐ปโ๐ ๐ฃ๐ฎ๐๐ต ๐๐ผ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ฑ๐ผ๐ฝ๐๐ถ๐ผ๐ป โ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐๐น๐ผ๐ฟ ๐ฆ๐ฒ๐ฟ๐ถ๐ฒ๐, ๐ฃ๐ฎ๐ฟ๐ ๐ญ๐ณ
This ๐๐ค๐ฃ๐๐ก๐ช๐๐๐จ my review of the Saylor Series! For Part 16, follow the link at the bottom of this post.
Yesterdayโs insights focused on nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5mโs explanation to nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4um on some ways that #Bitcoin can evolve as money, since itโs ultimately a technology.
Today, in my ๐ณ๐ถ๐ป๐ฎ๐น insights on the Saylor Series, I'll show why Bitcoin provides ๐ต๐ฉ๐ฆ ๐ช๐ฅ๐ฆ๐ข๐ญ ๐ฃ๐ข๐ด๐ฆ ๐ญ๐ข๐บ๐ฆ๐ณ for decentralized digital commerce that can scale globally across industries, to enable more efficient, trustworthy, and mutually beneficial societal coordination.
Read more below๐
๐๐ป๐๐ถ๐ด๐ต๐ #๐ญ: ๐๐ถ๐ฟ๐๐ ๐ ๐ผ๐๐ฒ๐ฟ ๐๐ฑ๐๐ฎ๐ป๐๐ฎ๐ด๐ฒ
There are competitive incentives for entities across sectors to integrate Bitcoin early. This ๐ณ๐ถ๐ฟ๐๐ ๐บ๐ผ๐๐ฒ๐ฟ ๐ฎ๐ฑ๐๐ฎ๐ป๐๐ฎ๐ด๐ฒ allows cities, states, banks, corporations, and others to establish market dominance. Just like early pioneers who claimed much land and resources in America, ๐ฆ๐ข๐ณ๐ญ๐บ ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ ๐ข๐ฅ๐ฐ๐ฑ๐ต๐ช๐ฐ๐ฏ ๐ข๐ค๐ค๐ณ๐ถ๐ฆ๐ด ๐ฅ๐ช๐ด๐ฑ๐ณ๐ฐ๐ฑ๐ฐ๐ณ๐ต๐ช๐ฐ๐ฏ๐ข๐ต๐ฆ ๐ฃ๐ฆ๐ฏ๐ฆ๐ง๐ช๐ต๐ด.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฎ: ๐๐ผ๐ผ๐๐๐๐ฟ๐ฎ๐ฝ ๐ฌ๐ผ๐๐ฟ ๐๐ฎ๐น๐ฎ๐ป๐ฐ๐ฒ ๐ฆ๐ต๐ฒ๐ฒ๐
Bitcoin provides a novel way to capitalize balance sheets. Corporations can issue debt to buy Bitcoin and capture the spread between Bitcoin's appreciation and their low bond interest rates. ๐ง๐ต๐ถ๐ ๐ฟ๐ฒ๐ฝ๐ผ๐๐ถ๐๐ถ๐ผ๐ป๐ ๐๐ต๐ฒ๐บ ๐ฎ๐ ๐๐ฒ๐ฐ๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ with multiples far higher than as sleepy utilities.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฏ: ๐๐ฎ๐ฟ๐ฑ๐๐ฎ๐ฟ๐ฒ ๐๐ผ๐ผ๐ธ๐
Wallets, nodes, and miners demonstrate Bitcoin's integration directly into hardware devices. But ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐บ๐ถ๐ป๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ฐ๐ฎ๐ป ๐ฏ๐ฒ ๐ฏ๐๐ถ๐น๐ ๐ถ๐ป๐๐ผ ๐ฎ๐น๐บ๐ผ๐๐ ๐ฎ๐ป๐ ๐ฎ๐ฝ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ ๐๐ถ๐ฎ ๐ณ๐ถ๐ฟ๐บ๐๐ฎ๐ฟ๐ฒ ๐ฎ๐ป๐ฑ ๐๐ผ๐ณ๐๐๐ฎ๐ฟ๐ฒ. This differentiation incentive drives adoption across smart devices and the Internet of Things.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฐ: ๐ฆ๐ผ๐ฐ๐ถ๐ฎ๐น ๐ ๐ฒ๐ฑ๐ถ๐ฎ ๐๐ถ๐๐ถ๐น๐ถ๐๐
Proof of work originated as an anti-spam mechanism. Similarly, ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ'๐ด ๐ฑ๐ณ๐ฐ๐จ๐ณ๐ข๐ฎ๐ฎ๐ข๐ฃ๐ญ๐ฆ ๐ฅ๐ช๐จ๐ช๐ต๐ข๐ญ ๐ด๐ค๐ข๐ณ๐ค๐ช๐ต๐บ ๐ค๐ข๐ฏ ๐จ๐ณ๐ข๐ฏ๐ต ๐ท๐ฆ๐ณ๐ช๐ง๐ช๐ฆ๐ฅ ๐ด๐ต๐ข๐ต๐ถ๐ด ๐ต๐ฐ ๐ณ๐ฆ๐ข๐ญ ๐ฉ๐ถ๐ฎ๐ข๐ฏ๐ด. Social platforms can require Bitcoin security deposits to post content. This raises the costs for bots, scams, and trolls โ leading to ๐ด๐ข๐ง๐ฆ๐ณ, ๐ฉ๐ช๐จ๐ฉ๐ฆ๐ณ ๐ฒ๐ถ๐ข๐ญ๐ช๐ต๐บ ๐ฆ๐ฏ๐จ๐ข๐จ๐ฆ๐ฎ๐ฆ๐ฏ๐ต.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฑ: ๐ฆ๐ฒ๐๐๐น๐ฒ๐บ๐ฒ๐ป๐ ๐๐ฎ๐๐ฒ๐ฟ
While Lightning handles retail volumes, Bitcoinโs base layer settlement network enables clearance of large interbank and international wholesale transaction batches. Corporate treasurers can bypass archaic wire protocols and directly plug into other institutions โ ๐บ๐ผ๐๐ถ๐ป๐ด ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป๐ ๐๐ผ ๐๐๐ก๐ก๐๐ค๐ฃ๐จ ๐๐ฒ๐ฎ๐บ๐น๐ฒ๐๐๐น๐ ๐ผ๐ป ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ ๐ฏ๐น๐ผ๐ฐ๐ธ๐ฐ๐ต๐ฎ๐ถ๐ป.
๐ผ๐ฃ๐ ๐ฉ๐๐๐ฉโ๐จ ๐๐ฉ! ๐๐ฉ๐ฆ ๐๐ข๐บ๐ญ๐ฐ๐ณ ๐๐ฆ๐ณ๐ช๐ฆ๐ด ๐ช๐ด ๐ฟ๐๐๐!๐
While these insights give you a good overview of the topics discussed in these 17 episodes of the ๐๐ฉ๐ข๐ต ๐๐ด ๐๐ฐ๐ฏ๐ฆ๐บ ๐๐ฉ๐ฐ๐ธ, they can never replace the show itself.
Go follow that show, and watch or listen to the whole Saylor Series from the beginning. It will take you a while, but it will be time well-spent!
Be sure to ๐๐ถ๐ธ๐ฒ๐ค this, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ it and all the others, so they will always be available to you as a quick guide.
And then ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ this (and all the other parts), so others can read them, too.
Have any of your own insights that I didn't include?
Put them in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
You can find yesterdayโs post here: