Bitcoin, Media, and Innovation by David Bailey
David Bailey: BIP-54 has 42 times more hashrate than BIP-110
David Bailey draws attention to the support for BIP-54, highlighting that it already has 42 times more hashrate backing it than BIP-110. He questions the rationale of using a 55% activation ...
Bitcoin Magazine achieved several notable milestones, David Bailey notes
David Bailey reflects on the various initiatives and achievements of Bitcoin Magazine over the years. He highlights his appreciation for memorable projects and collaborative efforts mentioned in ...
David Bailey: Self-custody required for airdrop eligibility on fork day
David Bailey highlights that individuals must hold their own cryptocurrency assets in self-custody to receive an airdrop associated with an upcoming fork event. Users relying on third-party ...
Bitcoin protocol remains unchanged without consensus, David Bailey notes
David Bailey highlights that changes to the bitcoin protocol require consensus. According to Bailey, without agreement from participants, proposed changes such as BIP110 will not be implemented. ...
David Bailey: Wall Street lacks understanding of Bitcoin governance in BIP110 discussion
David Bailey comments on the current BIP110 debate, suggesting that traditional Wall Street institutions do not fully understand how Bitcoin governance functions, specifically referencing the ...
One node one vote enables consensus manipulation, David Bailey warns
David Bailey questions the rationale behind the idea of one node one vote in blockchain consensus, highlighting that nearly half of respondents in a poll of 900 votes appear to support this ...
David Bailey: Bitcoin has no king and needs no king
David Bailey questions the direction of an individual referred to as BCHJr, suggesting this person is emulating Craig Wright. Bailey emphasizes that Bitcoin operates without a central leader or ...
BIP-110 takeover attempt fails, David Bailey notes
David Bailey describes the failure of the BIP-110 proposal as an extremely positive outcome for Bitcoin. According to Bailey, the attempt—characterized as a hostile takeover—was the result of ...
David Bailey: STRC at $75 and MSTR at $85 as BTC holds $59,500
David Bailey highlighted early morning market moves, noting STRC at $75 and MSTR at $85. He also pointed out that BTC remains steady at $59,500, describing its performance as surprisingly ...
Market dislocation in Prefs creates new opportunities, David Bailey notes
David Bailey observes that trading in preferred securities (Prefs) can lead to second order effects and new opportunities resulting from market dislocation. He also mentions that products like ...
David Bailey: Nakamoto reduces debt by $45 million and extends maturities to 2027
David Bailey announced that Nakamoto has strengthened its balance sheet by reducing debt by $45 million, extending maturities into 2027, and lowering financing costs. The company also maintains a ...
Bitcoin can face tougher times before recovery, David Bailey emphasizes
David Bailey expresses his unwavering support for bitcoin, emphasizing a preference for math-based money over politically influenced alternatives. He acknowledges that short-term volatility can ...
David Bailey: Collecting physical bitcoins and unique paper wallets remains popular
David Bailey expresses his enthusiasm for collecting Bitcoin history artifacts, with a particular focus on physical bitcoins and distinctive paper wallets. He also asks the community if they ...
NAKA valued at $10 share NAV plus operating assets, David Bailey believes
David Bailey stated that with a net asset value (NAV) of about $10 per share and an additional estimated $5 to $10 per share in operating asset value, he considers NAKA to represent significant ...
David Bailey: Bitcoin pizza day brings global celebration
David Bailey compares Bitcoin pizza day to an end-of-year pizza party enjoyed by elementary school students, but on a global scale. He encourages everyone to participate by grabbing a slice to ...
Major SpaceX IPO stake could lead to $140b gain, David Bailey notes
David Bailey highlights that an individual instrumental in convincing Elon Musk to accept Bitcoin at Tesla is set to benefit significantly from the SpaceX IPO. According to Bailey, this person ...
David Bailey: Nakamoto holds over 5,000 Bitcoin valued at $345 million as of March 31
David Bailey reported that Nakamoto closed the first quarter with over 5,000 Bitcoin valued at approximately $345 million as of March 31. He emphasized that this asset base positions the firm to ...
GameStop benefits from eBay’s scale and operational efficiency, David Bailey notes
David Bailey, industry influencer, comments on the potential benefits of Ryan Cohen's move involving GameStop and eBay. According to Bailey, GameStop is already capitalizing on the growth of the ...
David Bailey: Bitcoin conference praised for execution, next event set for Nashville
David Bailey, industry influencer, expressed enthusiasm for the recent Bitcoin conference, describing it as one of the best ever and praising the BTC Inc team for flawless execution. Bailey ...
NAKA shares trade at $0.17 and company holds $0.25 million in bitcoin, David Bailey notes
David Bailey, industry influencer, reports that since February, NAKAMOTO has become the owner of The Bitcoin Conference, all associated global events, Bitcoin Magazine, and asset management firm ...
Dennis Porter: Pro Day event draws nearly 8,000 participants for record attendance
Dennis Porter, industry influencer, shared his pride in the growth of their product and platform, emphasizing that nearly 8,000 attendees checked in for Pro Day, marking a record day 1 turnout. ...
