The key way to think about this is optionality. If you hold Bitcoin for the long run, you have the
Assessing the Health of Bitcoin, by Lyn Alden (Bitcoin Out Loud - THE Bitcoin Podcast)
Listen to Lyn Alden's latest article "Assessing the Health of Bitcoin," read out loud by Walker on this Bitcoin Out Loud episode of THE Bitcoin Podcast.
- Read Lyn's article here: https://www.lynalden.com/bitcoin-network-health/
- Technical Security and Decentralization
- Legal Acceptance and Global Recognition
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If you hold Bitcoin for the long run, you have the 2 option to bring that portion of your wealth with you anywhere in the world or to make permissionless, 3 censorship-resistant payments to any internet-connected person in the world if you want to or need to.
4 Your money can't be unilaterally frozen or debased by any bank or government with the stroke 5 of a pen.
Those features 6 might not seem important to many Americans, but it's huge for a lot of people in the world.
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option to bring that portion of your wealth with you anywhere in the world or to make permissionless,
censorship-resistant payments to any internet-connected person in the world if you want to or need to.
Your money can't be unilaterally frozen or debased by any bank or government with the stroke
of a pen. It's not stuck in one jurisdiction within narrow borders. It's global. Those features
might not seem important to many Americans, but it's huge for a lot of people in the world.
Greetings and salutations, my fellow plebs. My name is Walker and this is the Bitcoin podcast.
The Bitcoin block height is 827-035 and the value of one Bitcoin is still one Bitcoin.
Show notes & resources
Listen to Lyn Alden's latest article "Assessing the Health of Bitcoin," read out loud by Walker on this Bitcoin Out Loud episode of THE Bitcoin Podcast.
Read Lyn's article here: https://www.lynalden.com/bitcoin-network-health/
Go to bitbox.swiss/walker and
From the article:
"Having spent a lot of time studying monetary history, as well as spending time in the startup/venture space around Bitcoin and studying the technical details of the protocol in recent years, I have a handful of key metrics that I personally look at when assessing the health of the Bitcoin network. This article walks through them and sees how the network is doing in terms of each one."
Market Capitalization and Liquidity
Number of Conversion Points
Technical Security and Decentralization
