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Please don’t pay any attention to this posting. It is not for you… *

This graph presents indisputable fact: It compares US dollar growth as reported by the US government and Bitcoin growth (for all time), extrapolated by pure math.

I wish that this would put to bed the fake news, conspiracy theories, and “nothing backs it” nonsense. Unfortunately, seismic shifts in architecture or process take time for society to understand and accept. Early adopters will be the fortunate buckos. Timid or clueless denizens will complain bitterly about the unfair advantage of those who wise up before it hits a 6 figure exchange rate. Eventually, comparisons with legacy currencies will be utterly meaningless. It will become the currency. It will be the gold-pressed latinum of universal recognition and intrinsic value.

15 years from now, some will look back on our era and claim that the Winkelvoss twins were lucky. Risk, patience and an understanding of economics is not ‘luck’. They have the gift of prescience.

Bitcoin cannot be manufactured. Despite it being open-source and easily copied, it is very unlikely to be displaced by an altcoin or ICO. The fact that there will never be more than 21 million original bitcoin presents incredible opportunity to the frugal and wise—for a short time.


* Hopefully, few people will heed the siren call. Investing is Bitcoin might be good for you, but it is bad for the community. How so?! The more that individuals or institutions hoard, speculate or invest in Bitcoin—as opposed to driving adoption by actually using it—the longer it will take to gain traction as a functional payment instrument, or as the money itself.

So, this article is not for you. Move along. These aren’t the droids you’re looking for.


Philip Raymond sits on Lifeboat’s New Money Systems board. He co-chairs CRYPSA, hosts the Bitcoin Event, publishes Wild Duck and is keynote speaker at global Cryptocurrency Conferences. Book a presentation or consulting engagement.

Credit: (title & image): Peter Bergstrom
Did you catch the omage to both Star Trek and Star Wars? Look again

One of bitcoin’s biggest bulls has inked a deal with an unlikely partner to create a cryptocurrency price index.

Billionaire Mike Novogratz and Bloomberg LP on Wednesday announced that they are teaming up to launch the Bloomberg Galaxy Crypto Index (BGCI), which will track the aggregate performance of a basket of large-cap cryptocurrencies.

“Today’s launch of the Bloomberg Galaxy Crypto Index reflects our clients’ growing interest in cryptocurrencies,” said Alan Campbell, Global Product Manager for Bloomberg Indices. “The index brings our rigorous approach to index construction to cryptos and will provide investors with a transparent benchmark to gauge the performance of the broader market.”

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With the utmost of respect for Mr Buffett, when he calls BTC “rat poison” he is expressing his philosophical viewpoint of the program (i.e. decentralized currency), not making a prediction of its future (not that I, or anyone else can really know what that it).


The Oracle of Omaha is still not a fan of bitcoin. Neither is Warren Buffett’s top lieutenant Charlie Munger. But to be fair to crypto bulls, both have missed out on an amazing rally.

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Lately, there has been a lot of concern about the recent explosion of AI, and how it could reach the point of 1) being more intelligent than humans, and 2) that it could decide that it no longer needs us and could in fact, take over the Earth.

Physicist Stephen Hawking famously told the BBC: “The development of full artificial intelligence could spell the end of the human race.” Billionaire Elon Musk has said that he thinks AI is the “biggest existential threat” to the human race.

Computers running the latest AI have already beaten humans at games ranging from Chess to Go to esports games (which is interesting, because this is a case where AI could be better than humans at playing games which were built as software from the ground up, unlike Chess and Go, which were developer before the computer age).

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Nader Al-Naji started mining bitcoin in his Princeton dorm in 2013. Now, he’s working on a stable cryptocurrency that be believes could actually replace money.

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3 days left to get into our Initial Community Offering (ICO) for the evolution of the blockchain which I’ve invested and advising.


Welcome to the Holo ICO whitelist registration! You will need to verify your identity and join the whitelist before you can participate in the ICO. The process requires creating an account, completing a quick identity verification, and then adding your Ethereum address to our whitelist. Once whitelisted, your address will be written into our smart contract, and you will be prepared to participate in the Holo ICO.

NOTE: If you are a resident or citizen of the United States, China, or South Korea, you cannot participate in our ICO due to legal and regulatory uncertainty in those jurisdictions. You will be unable to verify or whitelist if you are a resident or citizen of one of these countries.

To learn more about our ICO, visit https://holo.host/ico

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What is Holochain? #notblockchain


Holochain has been in the works since before the Bitcoin whitepaper and now it is being released on the world. There is no mining, no cryptocurrency and it claims to be more efficient than Blockchain. Could Holochain be the future or decentralization?

OUR CHANNEL https://www.youtube.com/user/cointelegraph