Suppose a digital store of value is possible. How would one actually arrive? It would first be doubted, then grow erratically in waves of speculative frenzy, then steady as it matured.
@Matt_Hougan: that describes bitcoin's first 17 years.
Even if traditional money and payment systems work well enough for most of us Americans, given the legacy of the Great Financial Crisis, we should be able to appreciate what bitcoin has given us: a world in which “transaction denied” doesn’t exist.
This morning, we launched a new educational campaign aimed at helping Americans understand bitcoin and its place in the world today.
Our campaign will stretch over 12 weeks and includes an educational website, gettingbitcoin.org, a series of 6 essays by leading thinkers in bitcoin, 6 full-page print ads, and 24 quarter-page print ads in the Wall Street Journal.
Each of the six essays will appear as sponsored content in the Wall Street Journal, beginning with today’s by @LynAldenContact .
The public discourse about bitcoin should really be better. This is our attempt to do something about it.
This week, The Nakamoto Project proudly shared a physical copy of our inaugural study on bitcoin ownership with every sitting member of the 118th congress.
The Nakamoto Project is proud to release our inaugural report summarizing the results from the first population-level survey seeking to understand Bitcoin ownership in the United States.
Politics. We found no evidence suggesting that Bitcoin ownership was related to political orientation. Instead, the political orientation of American Bitcoiners looks much like the political orientation of Americans in general: they are most likely to be political moderates.
Demographics. When it comes to race, ethnicity, income, education, and financial literacy, Bitcoin owners look like the rest of the U.S. population. There are two ways that Bitcoin owners stand out demographically: Bitcoin ownership skews young and male.
Moral Foundations. A typical Bitcoin owner has a unique blend of moral values emphasizing equality, proportionality, loyalty, and purity. However, these orientations are far less predictive of Bitcoin ownership than our four top predictive factors.
Knowledge and Sentiment. By far, the variables that correlated most strongly with Bitcoin ownership and openness were: Knowledge about Bitcoin Trust in the Bitcoin protocol and asset Belief in the utility of Bitcoin The perceived morality of Bitcoin Each of these—knowledge, trust, utility, and morality—was highly correlated with the others and highly predictive of ownership.