{"id":25427,"date":"2016-05-06T12:10:13","date_gmt":"2016-05-06T19:10:13","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/?p=25427"},"modified":"2019-06-20T07:15:50","modified_gmt":"2019-06-20T14:15:50","slug":"bitcoin-pundicy-a-lifeboat-perspective","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2016\/05\/bitcoin-pundicy-a-lifeboat-perspective","title":{"rendered":"Bitcoin Pundicy: A Lifeboat Perspective"},"content":{"rendered":"<p>Here in the Lifeboat Blog, I have the luxury of pontificating on existential, scientific and technical topics that beg for an audience\u2014and sometimes\u2014a pithy opinion. Regular Lifeboat readers know that I was recently named <a href=\"http:\/\/awildduck.com\/quora\">most viewed Bitcoin writer<\/a> at Quora under a Nom de Plume.<\/p>\n<p><\/p>\n<p>Quora is not a typical Blog. It is an educational site. Questions and numerous answers form the basis of a crowd-sourced popularity contest. Readers can direct questions to specific experts or armchair analysts. A voting algorithm leads to the emergence of some very knowledgeable answers, even among laypersons and \u2018armchair\u2019 experts.<\/p>\n<p>During the past few weeks, Quora readers asked me a litany of queries about Bitcoin and the blockchain, and so I am sharing selected Q&amp;A here at Lifeboat. This is my professional field\u2014and so, just as with Mr. Trump, I must resist an urge to be verbose or bombastic. My answers are not the shortest, but they are compact. Some employ metaphors, but they explain complex ideas across a broad audience.<\/p>\n<p>As you browse some recent Bitcoin questions below, click a question for which you know the least. (Example: <em>Do you know what the coming \u2018halving event\u2019 is about?<\/em>). Leave a comment or question. I am interested in your opinion.<\/p>\n<hr \/>\n<ul>\n<li><a href=\"https:\/\/lifeboat.com\/blog\/2016\/05\/can-bitcoin-be-defeated-by-legislation\">Can governments ban Bitcoin?<\/a><\/li>\n<li><a href=\"https:\/\/www.quora.com\/What-do-you-think-will-happen-to-bitcoins-price-after-the-halving-in-mid-2016\/answer\/Ellery-Davies\">What will happen to Bitcoin at the \u2018halving\u2019 in July?<\/a><\/li>\n<li><a href=\"https:\/\/www.quora.com\/Is-there-anything-being-done-through-blockchain-which-technically-cannot-be-done-through-existing-technology\/answer\/Ellery-Davies\">Can a blockchain accomplish things that were previously impossible?<\/a><\/li>\n<li><a href=\"https:\/\/www.quora.com\/Why-isnt-there-any-other-blockchain-application-that-is-close-to-getting-Bitcoin-success\/answer\/Ellery-Davies\">Why do we not see many blockchain services entering the market?<\/a><\/li>\n<li><a href=\"https:\/\/www.quora.com\/Is-it-worthwhile-to-trade-bitcoins\/answer\/Ellery-Davies\">Is it worthwhile to trade Bitcoin?<\/a><\/li>\n<li><a href=\"https:\/\/www.quora.com\/When-I-sell-a-portion-of-a-Bitcoin-does-the-Bitcoin-portion-sold-get-a-new-Bitcoin-ID-or-does-the-buyer-now-own-a-portion-of-the-original-BTC-ID\/answer\/Ellery-Davies\">When I send a fraction of a Bitcoin, does the recipient get my original coin ID? Is my remainder assigned a new Bitcoin ID?<\/a><\/li>\n<li><a href=\"https:\/\/www.quora.com\/How-do-I-invoice-in-USD-receive-BitCoin-or-other-internet-currency\/answer\/Ellery-Davies\">How can I invoice a customer in US dollars, but receive Bitcoin instead?<\/a><\/li>\n<li><a href=\"https:\/\/www.quora.com\/How-could-the-government-regulate-online-gambling-with-bitcoins\/answer\/Ellery-Davies\">Can governments prevent or regulate online gambling with Bitcoin?<\/a><\/li>\n<li><a href=\"https:\/\/www.quora.com\/What-is-a-blockchain-2\/answer\/Ellery-Davies\">What is a blockchain?<\/a><\/li>\n<li><a href=\"https:\/\/www.quora.com\/Bitcoin-in-2015-Why-did-Bitcoin-fail\/answer\/Ellery-Davies\">Why did Bitcoin fail at the end of 2015?<\/a><\/li>\n<li><a href=\"http:\/\/awildduck.com\/?p=3979\">What is a Blockchain?<\/a><\/li>\n<li><a href=\"http:\/\/awildduck.com\/?p=4167\">Bitcoin Primer: Don\u2019t start with miners<\/a><\/li>\n<\/ul>\n<p class=\"qtext_para\" style=\"padding-left: 30px\"><em><sub>Philip Raymond sits on Lifeboat\u2019s <a href=\"https:\/\/lifeboat.com\/ex\/boards#money\">New Money Systems Board<\/a>, is co-chair of the<\/sub><\/em><br \/>\n<em><sup>The <a class=\"external_link\" href=\"http:\/\/crypsa.org\/\" target=\"_blank\" rel=\"noopener nofollow\">Cryptocurrency Standards Association<\/a>, and is a most viewed writer at <a href=\"http:\/\/awildduck.com\/quora\">Quora<\/a>.<\/sup><\/em><\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here in the Lifeboat Blog, I have the luxury of pontificating on existential, scientific and technical topics that beg for an audience\u2014and sometimes\u2014a pithy opinion. Regular Lifeboat readers know that I was recently named most viewed Bitcoin writer at Quora under a Nom de Plume. Quora is not a typical Blog. It is an educational [\u2026]<\/p>\n","protected":false},"author":353,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,1761,39,1625,1490,418],"tags":[2161,2445,2121,2446,2447,2448],"class_list":["post-25427","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-cryptocurrencies","category-economics","category-encryption","category-government","category-internet","tag-bitcoin","tag-bitcoin-halving","tag-blockchain","tag-ellery-davies","tag-halving","tag-quora"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/25427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/353"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=25427"}],"version-history":[{"count":3,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/25427\/revisions"}],"predecessor-version":[{"id":92375,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/25427\/revisions\/92375"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=25427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=25427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=25427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}