January 6

“A single Burger King branch in the Sambil area of Caracas now accepts Bitcoin, along with altcoins Ether (ETH), Litecoin (LTC), Binance Coin (BNB) and Dash (DASH), as well as stablecoin Tether (USDT).

A total of 40 locations will follow suit in 2020, according to a blog post from Dash executives about the move.”

Block times normalize after ‘ice age’ is pushed back.

“From Jan. 1 to Jan. 4, the daily average block time on the blockchain decreased from 17.16 seconds to 12.96.”

“Bitcoin’s (BTC) smallest denomination is now worth more than an entire unit of altcoin Hex (HEX) after the controversial token lost over 50% in a day.

Put in different terms, the price of a single HEX token has become so small that many price calculators cannot measure its value. That number, of course, is far below a single U.S. dollar cent, and roughly translates as $0.000058.”

Deep dive into making eth1 stateless.

Interesting read.

“The artificial boundary we have put in place in our minds between “public chains” and “private chains” is fading rapidly.

We have the opportunity to build a set of technologies in the next few years which could have similar societal impacts as the Internet. Diversity of viewpoints, a broad spectrum of use-cases to mature the base technology, and an open and inclusive attitude and environment of collaboration will help us achieve our shared goals.”

“Coinshares revealed those who grew up with Bitcoin will soon benefit from savings worth over three times the United States’ GDP. Coinshares suggests, $68.4 trillion will transfer to Generation X, Millennials and Post-Millennials over the next 25 years.

Low time preference generations produce prosperity, which produces high time preference generations, who bring ruin, which produces low time preference generations.”