The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 68 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Zach Resnick believes Craig Wright is very likely Satoshi Nakamoto
“Most of our thesis and our focus on the reason we're really long BSV and not other blockchains comes from the technology of Bitcoin and is, doesn't have to do with Craig Wright, but yes, you are correct in that I do think that Craig Wright is very likely to be…”
Pysh: Bitcoin will probably peak between $200,000 and $300,000
“It's going to go straight through that number. It's probably going to go to two to 300,000.”
Pompliano: Bitcoin will hit $100,000 by the end of 2021
“I think that from now where we're recording this in April of 2020, I think that by the end of 2021, we'll see Bitcoin hit a 100,000 dollar price point”
Singh: Non-BTC/ETH Top 10 Cryptos Will Be Replaced Within Two Years
“So I personally, my belief is that everyone in the top 10 maybe bar ETH and Bitcoin will be switched out in the next 12 to 24 months.”
Booth: Bitcoin Will Eventually Become the Global Reserve Currency
“I'm a huge fan of Bitcoin, a huge fan of Bitcoin, because I think that it'll move to a reserve status that other currencies will be pegged to eventually.”
Booth: If One Government Accumulates Bitcoin Reserves, All Must Follow
“And if one does, Or if one starts accumulating behind the scenes, they all have to. It moves really, it starts to move really fast.”
Booth: Bitcoin is the only logical peg for a new Bretton Woods
“I think it would be pegged to a digital, I think it would be pegged to Bitcoin. I think that's what, I think that's the most logical thing right now. And every government will say, no, peg it to my digital currency. But it doesn't, but whether it's a digital o…”
Pysh: decentralized crypto is most likely successor to global fiat
“The last is the highest probability outcome.”
Pysh: Stocks will underperform gold and Bitcoin in purchasing power
“The stock market went straight up, but relative to gold, and in my opinion, relative to Bitcoin, those stocks are going to underperform.”
Pompliano: Stock-to-flow models are more accurate for Bitcoin than gold
“What you see is a lot of these stock to flow models and co-integration models, et cetera, that are used in gold. Apply to Bitcoin and are actually more accurate in Bitcoin because one side of the equation is transparently known with 100% certainty and all you …”
Most Bitcoin developers are funded by self-interested entities
“I think that primarily this is happening within the Bitcoin world, in, in which the majority of the developers are funded by entities with interest in the outcome.”
Booth: Rapid Bitcoin adoption would trigger a harmful global unwind
“As much as I believe in it, I don't want it to happen as fast as is, is it like likely it's happening because it means the world goes through a disorderly unwind. And that doesn't look good for even people with Bitcoin.”
Yanowitz: Institutional investors will allocate 1% to 2% to Bitcoin as a hedge
“What you're going to have is you're going to say, you're going to have these folks saying,
I need to hedge against the, I need to hedge against our current system because we are in a system that they see completely falling apart.
And so they need to, what they…”
Yanowitz: Bitcoin will reach $20,000 to $100,000 within two years
“My price target for the next two years at a minimum is 20,000 dollars. That's at the low end. At the high end, that's a 100,000 dollars.”
Lee: Rising Bitcoin fees are inevitable to preserve network decentralization
“Bitcoin, it's a kind of inevitable that the fees will go up, because in order to stay decentralized Bitcoin has to kind of err on the side of being decentralized, having smaller blocks and having higher fees than to go to other kind of the other route, which i…”
Lee: Litecoin's SegWit activation proved the upgrade was safe for Bitcoin
“Actually, our work, I believe, helped it get activated on Bitcoin to show that Segwit is actually a good upgrade and has none of the fear that people associate with it.”
Bogart: Odds of SEC approving a Bitcoin ETF remain very low
“I think it's still quite low. I mean, the SEC has made, you know, a pretty definitive decision about this, that the underlying markets for Bitcoin are too unregulated, and therefore they're not going to allow a regulated product. So it's kind of a circular arg…”
Martin Koppelman: Ethereum developer ease drives ecosystem hype over Bitcoin
“So for developers, if they have the idea, I want to build this and that, it's much, much, much easier to build it on Ethereum, and this is why all those new projects build on Ethereum, and that's where, where the hype is currently coming from.”
Köppelmann: Bitcoin's fixed-supply model forces a zero-sum global fight
“I'm especially not very convinced of the Bitcoin model, so kind of you have this limited supply, and then kind of the whole world is trying to fight around that”
Kineshanko predicts Bitcoin will hit trillion-dollar valuation if trusted like gold
“If it even becomes a fraction as trusted as gold, it's gonna be worth many billions of dollars, which it already is, and then if it goes beyond, it becomes at least as trusted as gold, people are gonna run to it, and it's gonna be worth trillions of dollars.”
Blackman: Premise paid out $1M in Bitcoin to contributors in 2020
“We paid out a million in Bitcoin last year.”
Bitcoin retains 1MB blocks to allow nodes to survive government crackdowns
“BTC, for example, the popular version of Bitcoin, Only allows its block size to be one megabyte because they want to make sure that everyone can kind of run the node software on their phone or computer in the event that government shut down all the professiona…”
Pysh: Bitcoin hashing power shifted significantly from China to North America
“So like, I would tell you in the 2017 timeframe, you had an enormous amount of the hashing power coming out of China. Today, I would argue you have a, you've had a massive shift of hashing power come into the North America region.”
Yanowitz: Stimulus will cause equities, Bitcoin, and gold to rip
“When you get a ton of like stimulus, well, the equity market's going to pump. It's not just, I, you know, I think Bitcoin's going to go up. I think gold's going to go up, but I think the equity market's going to absolutely rip.”
Karnjanaprakorn: 20-year-olds should go all in on crypto and blockchain
“If I was 20 years old today, I would go all in on crypto and blockchain, right? So rather than like, should I do a startup? Should I do this crypto thing? Should I do this? I would, you know, focus all on the blockchain. So if you're 20, I would literally go r…”
Lee: Bitcoin is a superior, digital version of gold
“When I saw Bitcoin, I realized it's like a better version of gold. The only difference is there's no physical form of it. And because of that, people complain that there's no intrinsic value, but from what I can tell, it's actually just a better version of gol…”
Cryptocurrency is disconnected from fundamentals, acting primarily as a commodity
“I think that right now we're in some ways a little bit disconnected from the fundamentals because it's become essentially like a new commodity, been a flight to safety, a hedge against, you know, inflation and central banks printing money.”
Thomas: Monolithic public blockchains cannot efficiently serve diverse use cases
“When you have these sort of huge public shared ledgers it's very difficult to make changes, and also it's very difficult to serve the huge diversity of use cases between different users.”
BitCart disabled Bitcoin payments after Dash drove 90% of business
“We have funded BitCart who, an integration into BitCart. They're a service that allows you to buy Amazon gift cards for 15% discount. And after integrating Dash, they actually disabled Bitcoin because Bitcoin transactions were taking a long time. They were cau…”
Bogart: Grayscale's GBTC is the best traditional security wrapper for Bitcoin
“The reality is that this is the best product that exists today. It's not a perfect product, but it's the best that exists today, and the only way to get exposure to an exotic asset that is Bitcoin in a traditional security wrapper, right?”
Bogart: Crypto exchanges are massive honeypots, Poloniex carries higher risk
“Coinbase, Kraken, Poloniex, Poloniex probably being one of the bigger risks out there. You know, these are giant honeypots of Bitcoins, and the problem is once they're gone.”
Antonopoulos charges a 20% premium for fiat payments over Bitcoin
“It's X thousand dollars in Bitcoin, and it's 20% more if you want to pay me by wire transfer, because I'll have to talk to a bank to figure out what went wrong, because almost always it goes wrong. So I get paid very quickly in cryptocurrencies, so I charge a …”
Pon: Shared Blockchain Ledgers Make Back-Office Reconciliation Obsolete
“BigchainDB unlocks this potential where across multiple organizations you can have a single source of truth. In other words, You don't need reconciliation anymore because the truth and the provenance of the data is perfect.”
Jentzsch: A couple dozen miners could control Bitcoin's network
“And I still think it is decentralized, but maybe not as decentralized as many people think, because there's, yeah, there is a couple of dozen of Bitcoin miners who basically control, could control the whole network.”
Jentzsch: Bitcoin Scaling Factions Will Likely Never Reach Consensus
“And that's what currently, there's a lot of discussions, people are against it, people are for it, and they try to find a consensus, but they are fighting for years now. So there is most likely no consensus ever.”
Pysh: Lost private keys will make Bitcoin structurally deflationary
“Bitcoin is deflationary simply because of the fact that people are going to lose their private keys. That's what's going to make it deflationary.”
Pysh: Holds no crypto tokens other than Bitcoin
“Like I own cryptocurrency, but I only own one and it's Bitcoin. I don't literally, I literally don't own any other crypto coin other than Bitcoin.”
Yanowitz: Bitcoin will double if $400M monthly inflow continues post-halving
“If the, what if four hundred million continues to pump into the system, then should double the price.”
Yanowitz: Generational wealth transfer of trillions will heavily benefit Bitcoin
“Plus you've got a massive transference of wealth of trillions of dollars going from old folks to millennials.
And we know one thing, which is millennials love Bitcoin.”
Pompliano: Liquidity panics drive all major asset correlations to one
“In times of uncertainty, they want dollars. And so what ends up occurring is all of those other assets end up Going to close to a correlation of one. So they all start going down. And we saw that with Bitcoin, gold, you know, treasuries equities, real estate, …”
Bill Clerico: Crypto has no killer app for small business software
“But I think what we found is that in this part of the market, there really hasn't been a killer application of those technologies yet.”
Lee: Litecoin activated SegWit before Bitcoin did
“For example, this year we activated Segwit, which is a huge improvement to the protocol on Litecoin before it activated on Bitcoin.”
Lee: Bitcoin is the most decentralized and secure cryptocurrency
“Bitcoin is in and still the most decentralized and secure and censorship resistant cryptocurrency out there.”
Lee: Halving block rewards too quickly depletes runway before achieving adoption
“So I kept it very similar to Bitcoin where every four years the reward halves. So as, so I, it has enough like runway to succeed. Right. If you make it have to, too soon, then the coin before it succeeds, the rewards will run out.”
Lee: Bitcoin is a savings account, while Litecoin is for checking
“Another analogy that people can think of is Bitcoin would be your savings account, and Litecoin would be your checking account. So you would keep for long-term store of value, Bitcoin is definitely well, arguably better, and Litecoin is better for a day-to-day…”
Lee: Litecoin spiked in 2017 as a hedge against Bitcoin's fork
“Back in August there were probably people afraid of the Bitcoin hard fork. Litecoin was a good hedge against that. So People started buying up Litecoin and they kind of snowballed and kind of shot up and then it found it's kind of the right level right now.”