The concept of decentralization has taken a central place in the context of Bitcoin, blockchain, crypto, and Web3. However, it has caused some of the most consequential misconceptions about Bitcoin and blockchain, leading to a common belief……...

Blockchain and Bitcoin involve a lot of concepts that are not easy to grasp. Lots of education is needed on these subjects, not only for developers and investors but also for the public, legislators, and……...

One of the popular ideological statements often heard in the crypto world is: “Code is law.” ‘Code is law’ is a proud crypto proclamation. Some may even regard it as an inviolable creed. Few question……...

One of the most consequential misconceptions is the Bitcoin Trilemma, which has led to a common belief that “Bitcoin cannot scale due to the trilemma,” all to justify the “digital gold” narrative of BTC, the……...

The Genesis block of the Bitcoin blockchain started an unbounded universe with a fixed protocol. If you feel this statement is self-contradictory, you need to read the words of Satoshi: Genesis does not just mean……...

The most fundamental elements of the human economic and financial system all concern economic value. There are three aspects of economic value: Its creation, definition, and transaction.   Creation of value ‘Creation of value ‘is the central……...

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 the chapter BTC Became Fundamentally Different from……...

Michael Saylor, the CEO of MicroStrategy, has made interesting points in promoting BTC. But he is misled by his own ideas (which are very good in abstract but lacking in specific substance — see below) and also……...

Web3, NFT, and DeFi have become tech buzzwords. Are they really meaningful tech development? What makes Web3, NFTs, and DeFi useful? Facing the hypes and the intoxicating crypto frenzy, it is necessary to look closely……...