Bitcoin has consistently outperformed all major asset classes over the past decade, solidifying its role as the benchmark for digital asset investors. For those committed to Bitcoin’s long-term vision, the ultimate financial goal often shifts from acquiring more dollars to maximizing their Bitcoin holdings. Bitcoin is the Hurdle Rate Bitcoin is to digital assets what treasury bonds are to the legacy financial system—a foundational benchmark. While no investment is without risk, Bitcoin held in self-custody eliminates counterparty risk, dilution risk, and other systemic risks common in traditional finance. With BTC…
Day: November 26, 2024
Bitcoin Script: Focus On The Building Blocks, Not The Wild Geese
Everything built on top of Bitcoin that you are aware of today is because of the primitives that Bitcoin Script supports. What do I mean by primitives? The basic components of a programming language that you can use to build actual applications to do things. No programming language was ever designed specifically for a single application, i.e. to build one program. They are designed to support basic primitives, like mathematical operations to manipulate data, or creating basic data structures to store data in a certain way, or operations to iterate…
Use Bitcoin Easily And Privately With Cake Wallet
Company Name: Cake Wallet Founders: Vik Sharma Date Founded: October 2017 Location of Headquarters: Saint Kitts and Nevis (and staff is remote) Number of Employees: 14 Website: https://cakewallet.com/ Public or Private? Private When Vik Sharma isn’t serving as the CEO of Liberty Steel, he’s focused on making bitcoin and other cryptocurrencies easier and more private to use via Cake Wallet. Sharma believes that a product must be user-friendly if it is to be adopted widely, which is why usability is at the center of the Cake Wallet mission. “The very…
Remembering John McAfee's Bullish Bitcoin Price Bet as we near $100K Milestone
Follow Mark on X. Ah, Bitcoin—a digital enigma that dances between brilliance and bafflement, much like a British summer deciding whether to rain or shine. As we teeter on the brink of the $100,000 milestone, it’s impossible not to cast our minds back to the late John McAfee: antivirus mogul, libertarian firebrand, and a man whose eccentricity made the Mad Hatter look like an accountant. In the distant, carefree days of 2017—when masks were for surgeons and Zoom was just an onomatopoeia—McAfee made a proclamation that would make even Nostradamus…
Fidelity Investments Director Shares Bitcoin’s Adoption and Valuation Models
Fidelity Investments’ Director of Global Macro, Jurrien Timmer, continues to provide insightful frameworks for understanding Bitcoin’s valuation and growth. In a recent update, Timmer shared his take on Bitcoin’s adoption and value trajectories, illustrated by detailed charts that reflect both historical trends and hypothetical scenarios. Timmer’s models aim to simplify Bitcoin’s complex growth dynamics, bridging the gap between network adoption and valuation. “While the supply is known, the demand is not,” he stated, emphasizing the critical role of adoption curves and macroeconomic variables such as real rates and monetary policy.…