1/ I regularly get messages from people in my extended network who know me outside of bitcoin (for my background in tech, investing, and/or freedom) seeking to introduce me to someone they know in "crypto." 2/ As an outsider, the introducer assumes that we share a background and is trying to make a useful connection. The intention has always been positive. It's easy to forget that "bitcoin, not blockchain" is a slogan that 99% of the world is unaware of.

1/ It's easy to complain about things we wish bitcoin had done differently, but when I look at the protocol I'm impressed at how many things Satoshi got right. Especially when you consider how many coins came much later yet made worse decisions: 2/ Bitcoin's supply is capped, making it the most scarce commodity in the history of the universe. Shifting the cost of transactions onto those spending (as opposed to those HODLing) is the best alignment of incentives.

1/ Storing bitcoin private keys is really hard, and unfortunately every hardware wallet I've seen sucks. I'm looking forward to the wave of improvement that BIP174 (PSBT) is going to unleash. In order to be decent, a hardware wallet must do ALL of the following: 2/ Simple support for m-of-n multisig (where m is > 1 and includes competitors' hardware wallets). If you go from 1-of-1 keys using a "great" hardware wallet and add a lousy hardware wallet but make it 2-of-2, you immediately improve your security (multisig security is additive).

1/ Many claim that "bitcoin dominance" is a meaningful metric. Looking at the data, it doesn't appear that demand for bitcoin has shifted to alts/tokens. docs.google.com/spreadsheets/d… 2/ The following protocols are not substitutes: a decentralized store of value, a world computer, a cheap payment network, a cloud storage system, a supply-chain tracking log, a prediction market, a bank-communication platform, a stablecoin, etc. techcrunch.com/2017/11/19/100…