Bitcoin

The neighbourhood: Bitcoin and the ideas it travels with. Drag to roam, click a star for the episode, click a neighbour to travel.

Bitcoin maximalism

A belief that Bitcoin is the superior cryptocurrency and rejection of all alternatives.

counterparty risk

The risk that the other party in a financial transaction may default on their obligation.

digital property

Assets that exist in digital form, such as Bitcoin, which can be owned and transferred electronically.

dollar cost averaging

An investment strategy where a fixed dollar amount is invested regularly, regardless of asset price.

hard money

A form of money that is difficult to produce, making it a stable store of value.

hedonic adjustments

Changes in the quality of products that are accounted for in inflation metrics, affecting the measurement of price changes.

Hybrid smart contracts

Contracts combining on-chain code with off-chain data sources.

Lightning Network

A second-layer solution for Bitcoin that enables faster and cheaper transactions.

multi-signature technology

A security feature requiring multiple keys from different devices to authorize a transaction.

n-dimensional vector

A mathematical object with multiple dimensions, used here to describe the complexity of inflation.

non-custodial wallets

Bitcoin wallets where users control their private keys, unlike custodial services.

open source reproducible builds

Software builds that can be independently verified by users to ensure they match the source code.