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Marc Andrew ⚡️🚢 Profile picture
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Jan 15,, 5 tweets, 2 min read
I recently set out to learn how #Bitcoin can help build the common good, in addition to supporting individual freedom.

I'm sharing what I learn - follow along if you share these interests.

Here are threads that have resonated:
1/ Curious about Bitcoin, but don't know where to start?

10 great pieces of content to launch you on your Bitcoin journey:

2/ You've heard of the #LightningNetwork... now you want to see real applications of it in practice.

To understand how Bitcoin is innovating, here are 14 products being built on Lightning:

3/ The most common objection to Bitcoin is its energy use.

But I actually believe it can help build a greener economy.

Here's why:

4/ Why governments will end up welcoming Bitcoin:

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More from @marcrjandrew

Marc Andrew ⚡️🚢 Profile picture
Jan 15,
“Bitcoin is cool and all, but governments and the system will never allow it.”

I’ve heard this so many times, and it’s wrong.

Here are 5 reasons why governments the world over will soon welcome #Bitcoin:
1/ Western governments are going broke.

“In every country and era, runaway deficits and skyrocketing debt have ended in economic stagnation or ruin.” @Avik

It’s only a matter of time before the Treasury buys recent history's best returning asset:

nationalaffairs.com/publications/d…
2/ A ban isn't possible.

Bitcoin is run across tens of thousands of computers, everywhere in the world.

Trying to ban Bitcoin is like trying to ban pollen.

Govts may try to control applications: from banking to payments. But Bitcoin will march on.

forbes.com/sites/ktorpey/…
Read 9 tweets
Marc Andrew ⚡️🚢 Profile picture
Jan 14,
“Bitcoin already consumes as much energy as a mid-sized country - it will accelerate climate change and destroy the planet.”

Actually…

Bitcoin will be a major force for good in the fight against climate change.

Here are 5 reasons why: 🧵👇
Quick context:

I believe the threat of climate change is real and urgent. I helped pass a carbon tax in Canada and believe in climate action.

And I think Bitcoin is a crucial part of a greener future.

Here are the 5 reasons:
#1: Our civilization is needs lots more energy!

We need an energy abundance agenda: massive investments in low carbon infrastructure and we need to build it fast.

Bitcoin mining can spur massive investment in clean energy.

Read 14 tweets
Marc Andrew ⚡️🚢 Profile picture
Jan 13,
This @tomaspueyo piece is awesome and visionary.

Everyone interested in #Bitcoin and #web3 should read it.

But I want to tug on a short thread. 👇

Help me understand why many argue Bitcoin creates trust.

unchartedterritories.tomaspueyo.com/p/the-end-of-n…
Tomas says this, about the promise of blockchain:

"Historically, how did you trust that your cab was legit? 🚕🚕 Because it had a license. From the government.

How did you know to eat in that restaurant? Because it was certified to be safe. By the government. 👨‍🍳👩‍🍳"
But now, blockchain can replace the function of the state, and so the state is headed for obsolescence.

Is this correct?

A blockchain reliably stores information.

But how and why do we trust the information stored in the chain?
Read 6 tweets
Marc Andrew ⚡️🚢 Profile picture
Jan 4,
1 | So you've heard of the #LightningNetwork... now you want to see real applications of it in practice.

Fair enough. Here are 14 examples of amazing products being built on Lightning right now.

Read on to see why #Bitcoin’s Layer 2 is the next big thing in finance & tech:
2 | First, a quick thanks!

Much of this info comes from the folks at @lightning and their packed December newsletter, as well as lots of time on Twitter (essentials: @therealkingonly, @RyanTheGentry and @starkness, @MaxAWebster, and @kerooke).

And so many terrific podcasts.
3 | The single best thing I've read on the #LightningNetwork is @MaxAWebster's post:
Why Lightning, Why Now.

If you're curious at all about Bitcoin or Lightning, go read it right now.

Or visit his Twitter for the thread.

Now on to the examples!

hivemind.vc/why-lightning-…
Read 16 tweets
Marc Andrew ⚡️🚢 Profile picture
Jan 3,
In 2008, Satoshi Nakamoto published the white paper that introduced Bitcoin.

The paper’s opening paragraph proves that Bitcoin, measured against Satoshi’s aim, is a failure.

But that's about to change.

Here are 5 facts about the #LightningNetwork for newbies:
Satoshi's writing is clear:

Bitcoin was invented to be an electronic cash in need of no third party (like a bank). It would make digital transactions cheaper, safer and more effective.

Read the opening paragraph for yourself here:

bitcoin.org/bitcoin.pdf
But today, despite an incredible rise that made it the fastest asset to a trillion dollars in history, almost no one uses Bitcoin as a currency.

That’s about to change, because of the #LightningNetwork.

Here are 5 facts to help understand this powerful new tech:
Read 12 tweets

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