What is happening in Bitcoin, and why it matters
News, analysis, and essays. Reported clearly and framed honestly. Educational only, never financial advice.
Why AI Threatens Bitcoin's Software but Not Its Security Model
The Red Team's scan is not a Bitcoin crisis. It is a forced audit of the software layer people actually touch, and a test of whether defenders can match attackers' tools and tempo.
Bitcoin Changes Only by Consensus
A failed anti-spam fork and a coming quantum-resistant address format share no code, only the question of who gets to change Bitcoin. The answer is the same in both cases, and it is why neither Wall Street nor a nine-member consortium can steer the protocol. An argument, not a forecast.
The GENIUS Act Made the Dollar Programmable. That Is Why It Matters for Bitcoin
A new US law lets private companies issue dollar tokens backed by cash and Treasuries. It exports the dollar and deepens it into US debt. Bitcoin gains from the contrast, not from doing the same thing.
BIP-110 Explained: What a Contested Soft Fork Reveals About Bitcoin Consensus
BIP-110 wants to restrict data storage on Bitcoin through new consensus rules, with almost no miner support and a low activation threshold. A structural read of the split risk, the economics, and where this analysis would break. Not a forecast.
Inside the Coldcard Flaw: What Went Wrong, and Why a Weak Seed Cannot Be Patched
The Coldcard theft was not a break in Bitcoin's cryptography. It was a single build setting that quietly routed seed generation through a predictable software generator. This is how the bug reached the firmware, why it survived for years, and what it changes about the hardware wallet you trust.
Who Buys Bitcoin After Strategy
Strategy has been Bitcoin's dominant buyer for years. A memo, a sale, and a market that barely flinched suggest the next buyer looks nothing like it. A structural read, not a forecast.