With Bitcoin surging again in recent weeks (to more than twice its previous peak from 2017), this is a good read for context. Key quote: «Bitcoin’s transformation from putative currency to speculative asset was effectively built into the system from the start. It’s where Bitcoin was headed all along

From Weekly Filet #330, in January 2021.

The Bitcoin Dream Is Dead

The Bitcoin Dream Is Dead

marker.medium.com

💔 Some older links might be broken — that's the state of the web, sadly. If you find one, ping me.

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Weekly Filet Book Club All recommendations from previous editions, at a glance. Find your next read → 📚 David's Bookshelf The books that shaped how I see the world and inform how I think and act. Browse the bookshelf →