Thursday, April 13, 2023

Bitcoin live price added to BBCDSatoshi website

The live price of Bitcoin in USD and GBP has been added to the BBCDSatoshi website. You can see the live price of Bitcoin by clicking here or https://bbcdsatoshi.com/Bitcoin-Price/

Please note: These prices are from the CoinMarketCap.

Tuesday, April 11, 2023

Occam's razor = Bitcoin (the simplest solution is almost always the best)

Occam's razor = Bitcoin

Occam's razor, also known as the principle of parsimony, is a fundamental philosophical and scientific principle that suggests that when there are multiple explanations for a phenomenon, the simplest explanation is usually the best one. This principle has significant implications when applied to the world of technology, specifically to the concept of Bitcoin and blockchain.

Bitcoin is a digital asset and payment system that is based on a decentralized and trustless blockchain system. It allows for the creation and transfer of value without the need for intermediaries such as banks or financial institutions. This system has been designed to be secure, transparent, and decentralized, providing a means of value transfer that is not subject to the control or manipulation of any single entity or organization.

Applying Occam's razor to Bitcoin, we can see that the simplest explanation for the creation and transfer of value without the need for intermediaries is through the use of a decentralized and trustless blockchain system, rather than complex and centralized financial structures. This principle suggests that the design and implementation of the Bitcoin system were driven by the need to create a simple and efficient means of value transfer that is free from the constraints and inefficiencies of traditional financial institutions.

Moreover, Occam's razor can also be used to analyze the security and trustworthiness of the Bitcoin system. The principle suggests that the simplest explanation for a secure and trustworthy system is one that is designed to be transparent and decentralized, rather than one that relies on complex and opaque security measures. The blockchain system underlying Bitcoin is built on a network of nodes that are distributed around the world, each holding a copy of the blockchain ledger. This decentralization makes it difficult for any single entity or organization to manipulate the system, ensuring the integrity and trustworthiness of the Bitcoin network.

Furthermore, the simplicity of the Bitcoin system makes it easier to understand and use, which has contributed to its widespread adoption and success. Occam's razor suggests that a simple and straightforward explanation is more likely to be understood and accepted than a complex and convoluted one. Bitcoin's design and implementation have been guided by this principle, resulting in a system that is easy to use and accessible to a wide range of users.

In conclusion, Occam's razor is a powerful principle that has significant implications when applied to the world of technology, specifically to the concept of Bitcoin and blockchain. The principle suggests that the simplest explanation for the creation and transfer of value without intermediaries is through the use of a decentralized and trustless blockchain system. This principle also suggests that the security and trustworthiness of the Bitcoin system are due to its transparent and decentralized design. Finally, the simplicity of the Bitcoin system has contributed to its widespread adoption and success.

Monday, April 3, 2023

Why should someone read the book Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin by Jason Paul Lowery?

There are a few reasons why someone might want to read the book Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin by Jason Paul Lowery.
First, the book provides a unique perspective on Bitcoin and its potential impact on the world. Lowery argues that Bitcoin is not just a new form of money, but also a new form of softwar, or "the ability to project power through the use of information and communication technologies." This is a novel and important perspective that is worth considering, especially for those who are interested in the future of Bitcoin and its potential impact on society.
Second, the book is well-written and engaging. Lowery does a good job of explaining complex concepts in a clear and concise way. He also provides a lot of historical and economic context, which helps to make the book more interesting and informative.
Third, the book is timely. Bitcoin is becoming increasingly popular and its potential impact on the world is becoming more and more clear. Lowery's book provides a valuable perspective on Bitcoin and its potential impact, which is worth considering for anyone who is interested in the future of Bitcoin.
Overall, Softwar is a well-written, engaging, and timely book that provides a unique perspective on Bitcoin and its potential impact on the world. It is a valuable read for anyone who is interested in Bitcoin, its potential impact, or the future of money and finance.
Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin is a book by Jason Paul Lowery, an active-duty US Space Force astronautical engineer and US National Defense Fellow at MIT. In the book, Lowery argues that Bitcoin is not just a peer-to-peer cash system, but also (and more importantly) represents a new form of digital-age warfare that will transform national security, cyber security, and possibly even the base-layer architecture of the internet.
Lowery begins by providing a brief overview of the history of power projection in human society. He argues that power projection has always been about the ability to project physical power in, from, and through space. In the past, this has been done through the use of physical force, such as armies and navies. However, in the 21st century, Lowery argues that power projection will increasingly be done through the use of softwar, or "the ability to project power through the use of information and communication technologies."
Lowery then goes on to discuss how Bitcoin represents a new form of softwar. He argues that Bitcoin is a decentralized, peer-to-peer network that allows people to transact with each other without the need for a central authority. This makes Bitcoin ideal for use in situations where there is a high degree of distrust or uncertainty, such as in times of war or economic instability.
Lowery also argues that Bitcoin is a new form of money that is not subject to government control. This makes it attractive to people who are looking for an alternative to fiat currencies, which are often subject to inflation and devaluation.
Finally, Lowery argues that Bitcoin is a new form of asset that can be used to store value. This makes it attractive to people who are looking for a way to protect their wealth from inflation, political instability, and other risks.
In conclusion, Lowery argues that Bitcoin is a new form of softwar that has the potential to transform national security, cyber security, and possibly even the base-layer architecture of the internet. He argues that the US government needs to take Bitcoin seriously and develop policies to address the national security implications of Bitcoin.
(Note: The above was written by https://bard.google.com/)





















4 months into 2024 (Halving, Bitcoin ETF, FTX Sam Bankman-Fried, and Craig Wright is not Satoshi Nakamoto)

We are only 4 months into 2024 and already these major events have happened: 1. The Bitcoin Halving (reducing supply from 6.25 to 3.125 BTC...