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I'm currently working on my second book, 21 Ways. It will be released under an open and permissive cc-by-sa license, just like 21 Lessons.

You can support me on Patreon patreon.com/dergigi or directly via bitcoin: dergigi.com/support/

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If you want your daily dose of bullish bitcoin quotes this little side-project of mine is for you:

bitcoin-quotes.com

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Bitcoin is a relentless teacher.

I did my best to gather some of the best books, articles, podcasts, and other resources that were helpful to me.

bitcoin-resources.com/

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I wrote a book on Bitcoin. You can read it online for free. You can also buy it. Or you can listen to it.

21lessons.com/

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Surveillance renders all other freedoms useless.

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翻譯自 @dergigi
bitcoinhackers.org/web/statuse

1/ 所有人都知道時間就是金錢。而在數位世界裡,貨幣更是錯綜複雜地與時間綁在一起,必須要是。

swanbitcoin.com/bitcoin-is-tim

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RT @dergigi
1/ Everyone knows that time is money. In the digital realm, however, money is also intricately related to time. It has to be.

swanbitcoin.com/bitcoin-is-tim

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1/8 Phenomenal article! 👏

@dergigi dismantles the clock that is with the precision of an engineer & the flexibility of mind of a philosopher 🕰️

A timeless piece by a timely author; highly recommended! 🔥

Some quotes that I liked in this 🧵👇

swanbitcoin.com/bitcoin-is-tim

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13/ "Bitcoin Is Time" is one chapter of my upcoming book, 21 Ways. You can support me and follow along here:

bitcoinhackers.org/@dergigi/10

12/ Thanks to everyone who helped with this piece: @Croesus_BTC, @FriarHass, @citizenbitcoin, @skwp, @joernroeder, @SwanBitcoin - and thanks to all my supporters. I wouldn't be able to do this without you.

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11/ I hope you have enjoyed this time-centered view on Bitcoin. The next time someone asks what Bitcoin is, simply answer: "It is time."

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10/ By creating a novel definition of time, Satoshi managed to solve an otherwise intractable coordination problem in our relativistic universe: agreeing on the order of things on a global scale.

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9/ The difficulty adjustment makes sure that Bitcoin's time and our time stay in sync. It is the probabilistic metronome that orchestrates the intricate dance of the network.

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8/ This intricate dance of coordination creates a moment in time that every node can verify for itself. It can trust, with a very high probability, that this is what actually happened in the past.

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7/ Bitcoin uses SHA-256 and digital signatures as its causal building blocks and the ever-changing interactions of its peers, as well as the randomness of PoW as its source of entropy.

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6/ Bitcoin creates its own sense of time using two essential building blocks: causality and unpredictability. Causal links are settling the past. Unpredictable events are opening the doors to the future. The chain tip is the eternal now.

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5/ A decentralized system can't rely on our human concept of time. A trustless, non-local time is required. Trustless, because we must not introduce a third party. Non-local because we don't have the luxury of a central frame of reference.

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4/ In the informational realm, only ledgers exist. And to make sure that transactions on a ledger are in order, a concept of time is required. In other words: Tokens are timeless, ledgers are not.

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3/ The two basic forms of money are ledgers (made of information) and physical tokens (made of atoms). Physical tokens keep track of themselves. Ledgers need someone who is in charge.

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2/ Among other things, money solves a coordination problem. Trading a single good against others solves the combinatorial explosion of a barter economy. It is a scalability solution that allows coordination across large groups of people.

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1/ Everyone knows that time is money. In the digital realm, however, money is also intricately related to time. It has to be.

swanbitcoin.com/bitcoin-is-tim

Gigi boosted

🚨 🚨 Mastodon instructional video thread!🚨 🚨

This is a short series of videos for those who need help getting Mastodon to be more functional.

Let's begin!

I'm currently working on my second book, 21 Ways. It will be released under an open and permissive cc-by-sa license, just like 21 Lessons.

You can support me on Patreon patreon.com/dergigi or directly via bitcoin: dergigi.com/support/

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