Gradually, Then Suddenly

A collection of bitcoin essays by Parker Lewis

July 26, 2019 in Gradually, Then Suddenly, Unchained Capital

Enders Game

For context, the following research piece was written just before the Fed began to unwind its balance sheet (October 2017) and it hasn't been revised or altered since. At the…
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July 26, 2019 in Gradually, Then Suddenly, Unchained Capital

Gradually, Then Suddenly

Introduction This is the first of a weekly series that I’ve decided to write on the subject of bitcoin, inspired by my friends Marty Bent and Saifedean Ammous. Education is such…
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August 2, 2019 in Gradually, Then Suddenly

Bitcoin Can’t Be Copied

As kids, we all learn that money doesn’t grow on trees. As a society on the other hand, we have become conditioned to believe that it’s not only possible but…
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August 9, 2019 in Bitcoin, Gradually, Then Suddenly

Bitcoin Is Not Too Volatile

Has anyone you respect ever told you that bitcoin doesn't make any sense? Maybe you've seen the price of bitcoin rise exponentially and then seen it crash. You write it…
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August 16, 2019 in Gradually, Then Suddenly

Bitcoin Does Not Waste Energy

How many times have you heard the safety instructions before a standard commercial flight? You probably know them by heart, but every time, prior to takeoff, flight attendants instruct passengers…
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August 23, 2019 in Gradually, Then Suddenly

Bitcoin is Not Too Slow

In Peter Thiel’s Zero to One, he outlines the impact new technology has on building a non-zero sum future. While the book is focused on individuals and companies, bitcoin as…
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August 30, 2019 in Gradually, Then Suddenly

Bitcoin Fixes This

This past week marked that time of year when global central bankers, establishment economists and CNBC, et al. descend on Jackson Hole, Wyoming to discuss the systemic issues that plague…
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September 6, 2019 in Gradually, Then Suddenly

Bitcoin, Not Blockchain

Have you ever heard a smart sounding friend say that they aren’t sure about bitcoin but they believe in blockchain technology? This is like saying you believe in airplanes but…
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September 27, 2019 in Bitcoin, Crash Course, Gradually, Then Suddenly

Bitcoin is Not Backed by Nothing

Contrary to popular belief, bitcoin is in fact backed by something. It is backed by the only thing that backs any form of money: the credibility of its monetary properties.…
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October 18, 2019 in Bitcoin, Gradually, Then Suddenly

Bitcoin is Not a Pyramid Scheme

A few years ago, I received an email from a friend asking for my opinion about an investment opportunity that a mutual contact of ours was considering. After a quick…
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November 8, 2019 in Bitcoin, Gradually, Then Suddenly

Bitcoin Cannot be Banned

The idea that somehow bitcoin can be banned by governments is the final stage of grief, right before acceptance. The consequence of the statement is an admission that bitcoin “works.”…
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November 29, 2019 in Bitcoin, Gradually, Then Suddenly

Bitcoin is Not for Criminals

If you have ever heard (or happen to believe) that bitcoin is primarily a tool used by criminals, stop and take a quick sample of your friends and family that…
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January 24, 2020 in Bitcoin, Crash Course, Gradually, Then Suddenly, Unchained Capital

Bitcoin Obsoletes All Other Money

When it comes to bitcoin adoption, there are generally two rules that never seem to fail. Everyone always feels late, and everyone always wishes they had bought more bitcoin. There…
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March 26, 2020 in Bitcoin, Gradually, Then Suddenly

Bitcoin is a Rally Cry

“To the People of Texas and all Americans in the world.” In his open call to arms from the Alamo, Lt. Colonel William B. Travis began with an expression of…
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May 1, 2020 in Bitcoin, Gradually, Then Suddenly, Unchained Capital

Bitcoin is Common Sense

“Perhaps the sentiments contained in the following pages, are not yet sufficiently fashionable to procure them general favor; a long habit of not thinking a thing wrong, gives it a…
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June 12, 2020 in Bitcoin, Gradually, Then Suddenly

Bitcoin is Antifragile

If one thing is certain, it is that bitcoin is humbling. It humbles everyone. Some sooner than others, but everyone eventually. Individuals you respect may have called bitcoin a fraud…
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August 27, 2020 in Bitcoin, Gradually, Then Suddenly

Bitcoin is One for All

At the Democratic National Convention (August 2020), Congresswoman Alexandria Ocasio-Cortez described the Bernie Sanders presidential campaign as, “a movement that realizes the unsustainable brutality of an economy that rewards explosive…
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December 23, 2020 in Bitcoin, Gradually, Then Suddenly

Bitcoin is the Great Definancialization

Have you ever had a financial advisor (or maybe even a parent) tell you that you need to make your money grow? This idea has been so hardwired in the…
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