"Bitcoin" TAG

Ray Dalio Changes Sentiment Towards Bitcoin
  • research
In a recent article, supported by an auxiliary research report, Ray Dalio, Co-Chairman & Co-Chief Investment Officer of Bridgewater Associates, articulates his current opinion on Bitcoin’s role as an investment vehicle and its potential to serve as a ‘storehold of wealth’ within investors’ portfolios. While the full written piece makes several insightful points, Dalio’s change...
Examining the Role of Cryptoassets in Corporate Treasury Management
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Over the past several months, there has been a growing narrative within parts of the crypto industry that Bitcoin (BTC) could be increasingly adopted by corporations as an alternative to cash in light of worsening macroeconomic conditions and dovish central bank policy worldwide. Major BTC acquisitions by MicroStrategy ($425 million) and Square ($50 million) since...
Questions for Stock-to-flow Analysis
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The Bitcoin halving is scheduled to occur in just a matter of days, on May 11th-12th, depending on respective time zones. In anticipation, many in the cryptoasset ecosystem have been focusing on the Stock-to-Flow (S2F) supply-focused valuation model for guidance as to Bitcoin’s future price action. S2F, in its application to Bitcoin, is the product of...
CoinMetrics on Cryptoasset Valuation
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In their weekly newsletter, blockchain analytics provider, CoinMetrics examined two increasingly popular narratives about Bitcoin valuation and its place within investment portfolios in the context of financial markets data. Bitcoin is increasingly regarded by many of its proponents as both an uncorrelated financial asset and a store of value. Therefore, Coin Metrics compared the correlation between Bitcoin...
The Bitcoin Halving Approaches
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In anticipation of the Bitcoin halving event that is due on May 12th, some in the cryptoasset community have been looking to the Bitcoin Cash and Bitcoin SV networks for forewarning as to what might occur to the Bitcoin network after its halving. Last week, Bitcoin Cash and Bitcoin SV experienced their halving events with...
Token Functions Overview: Vital Considerations in Cryptoeconomic Design
  • research
Like coupons, loyalty programs, or ‘gamification’, tokens and their economies may further prove a powerful tool for influencing and organizing contributor behavior, albeit through an incentive system with its own distinct set of constraints. Indeed, the large-scale economic activity prompted by the Bitcoin protocol emerged in response to a set of incentives that no one...
Lightning Network
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Lightning’s key innovation is trustlessly routing payments among parties not directly connected by a payment channel. Despite the above in-channel scaling advantages, traditional payment channel technology is unsuitable for connecting every pair of Bitcoin users; such a network could require N² channels where N is the number of Bitcoin users. By trustlessly routing payments through...
Bitcoin
  • research
Governance Management of the Bitcoin network is achieved through the complex interplay of users, miners, and developers; governance is effectively an ongoing decentralized decision-making process that is played out at the point of protocol implementation. In lieu of formal governance systems, Bitcoin empowers users with the right to fork the code (i.e., beginning a new...
History of Bitcoin: 2008-2016
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