Book-Bit & Coin

I believe Australian polymath Craig S. Wright is most likely Satoshi Nakamoto, the inventor of Bitcoin. First, a bit of the background and my qualifications. I have accumulated thousands of working and researching hours in the blockchain field, scholarly and professionally, and therefore not a dabbler on the subject. My cross disciplinary background that combines...

The idea of “digital gold” is probably the most creative idea that has ever come from Bitcoin Core (BTC), a distorted and neutered version of the original Bitcoin (see, BTC and Bitcoin, what is the real difference?).

First, the idea of “gold” has provided a very powerful and convenient attachment point for people who do not understand technology and economics. It is powerful because the analogy has a lot of truth in it.

Although BTC is commonly taken as the synonym of Bitcoin at the present time, it is in reality drastically different from Bitcoin created by Satoshi Nakamoto (a pseudo name, whose real identity I believe is Dr. Craig S. Wright) according to the Bitcoin whitepaper.

Bitcoin Satoshi Vision (BSV), on the other hand, has remained true to Bitcoin.

Bitcoin Core (BTC) insists on small blocks in order to “be separate from the government.” To their credit, separation from the mainstream may just be its fate. BTC may not totally disappear, but instead may end up a niche. Imagine: Today: The global black money market is at $0.8 trillion; gold $8 trillion; global GDP...

Michael Saylor, the CEO of MicroStrategy, has made interesting points in promoting Bitcoin. But he is misled by both his own ideas (which are very good in abstract, but lacking in specific substance — see below) and also a deceptive public narrative created by stakeholders behind Bitcoin Core (BTC). BTC is not the real Bitcoin invented by...