Steve Holden-Corbett's avatar
Steve Holden-Corbett
steve@therationalbit.com
npub18ctz...rezd
Data-driven strategist & skeptic turned believer. Writer of The Rational Bit. ⚡️ Deep dives on Bitcoin infrastructure, history, and real-world utility. Home of: - The Rational Bitcoin Guide - The Rational Bit Weekly - Sunday Bitcoin Comics - The Rational Bit Podcast (coming soon)
Do we let our emotions get the best of us? The market is often a reflection of human psychology, but price volatility is too often treated as a flaw in the network. In reality, the market’s mood swings have no impact on the security or function of the Bitcoin protocol. The blocks just keep coming. This week's Sunday comic 👇 image #Bitcoin #Nostr #ValueForValue #TheRationalBit
Bitcoin’s price, while the most public gauge of its “success” or “failure,” is only one indicator. Unfortunately, it’s the only indicator that mainstream media focuses on. If we zoom out, we can see the strength of the network. In fact, just this week—in the midst of Bitcoin’s price decline—States continued debating Reserve legislation and a $1 million payment was sent through Lightning in under one second. Read the full newsletter: #bitcoin #bitcoinpolicy #nostr #finance #macro
Is Bitcoin doomed by quantum computers? Most people see "Quantum" and immediately jump to the worst conclusions, imagining a world where the blockchain just disappears. The reality? This isn't a doomsday event. It’s a technical hurdle, and we've cleared these before. Just as we patched the world's systems in 1999 for Y2K, Bitcoin is built to migrate to stronger cryptography whenever the threat becomes real. Check out this week's Sunday comic 👇 image #Bitcoin #Nostr #ValueForValue #TheRationalBit #BitcoinMyths #FinancialLiteracy
The policy backdrop just changed. While the Senate argues over details, the executive branch just signaled a new direction for the Fed. The system is updating faster than the laws can keep up. • New Fed Chair nominee reshapes the macro conversation • Washington is split on market structure • The Bitcoin Reserve idea spreads to new states • Corporate accumulation continues Read the full breakdown: #bitcoin #federalreserve #bitcoinpolicy #marketstructure #nostr #finance #macro
Is Bitcoin actually backed by anything? Most people don't think so, until they realize that the intrinsic value of the paper in their wallet is just a social consensus we’ve all agreed to follow. It’s easy to dismiss Bitcoin as just code, but the reality is that it’s simply a human agreement made public and enforceable. Check out this week's Sunday comic 👇 image #Bitcoin #Nostr #ValueForValue #TheRationalBit #BitcoinMyths #FinancialLiteracy
Bitcoin adoption isn't a single moment. It's the old system being forced to update, piece by piece. This week was about systems reacting to pressure. Washington tried to move a market structure bill forward and ran into resistance. Meanwhile, the reserve idea kept spreading across U.S. states. And Nasdaq moved to make Bitcoin ETF options less artificially cramped. Read the full breakdown: #bitcoin #bitcoinadoption #bitcoinpolicy #marketstructure #nostr #finance
Is Bitcoin actually "anonymous"? Most people think so, until they realize the blockchain is a permanent, public record that anyone in the world can see. It’s easy to equate digital money with "digital crime," but the reality is that the most untraceable money is actually the green paper we’ve been using all along. Check out this week's Sunday comic 👇 image #Bitcoin #Nostr #ValueForValue #TheRationalBit #BitcoinMyths #FinancialLiteracy
What matters more for adoption: laws, liquidity, or hardware? This week we got all three: - BRCA introduced, market-structure markup delayed - South Korea reopens corporate access - CES shows “Bitcoin heat” Read more: #bitcoin #bitcoinadoption #bitcoinpolicy #marketstructure #nostr #finance #mining #energy
Steve Holden-Corbett's avatar
therationalbit 0 months ago
If we want a low-time-preference society, we need the tools to build it. But you can't build tools when the act of writing code breaks the law. Forcing coders to follow the same rules as banks threatens the foundation of open-source innovation. The new Lummis-Wyden bill would protect the right for coders to innovate by ensuring that "intermediary" rules only apply to people who actually mediate transactions. #FreeSpeech #Bitcoin #LummisWyden
Steve Holden-Corbett's avatar
therationalbit 0 months ago
Why are we stuck in a cycle of instant gratification? It’s often a matter of time preference. When the money supply increases, our purchasing power is diluted over time. This incentivizes us to spend before it loses value. It’s an endless cycle. High time preference isn't a personality trait; it’s an understandable response to a currency that doesn’t hold its value. How would our behavior change if we had a constant, fixed money supply? #bitcoin #nostr #rationality #economics
"Easy money makes you frantic. Harder money lets you breathe." Why does one person panic over a 50% gain while another stays calm for a decade? It all comes down to Time Preference. One is trying to outrun inflation; the other is stacking sats and waiting. Check out this week's Sunday comic from The Rational Bit. ⚡️ image #Bitcoin #Economics #Nostr #ValueForValue
The 2026 Reserve Race is officially on. While the legacy markets are distracted by short-term price levels, the real structural shift is happening in Florida, Texas, and D.C. This week's edition of The Rational Bit Weekly covers: - Florida's HB 1039 filing - MSCI's DATCO decision for Strategy - Why price is a lagging indicator of structural shifts Read the full story here: #Bitcoin #SovereignReserve #TheRationalBit #Nostr
Bitcoin can be more than just an investment. By settling stablecoins on Bitcoin-linked layers, the ecosystem gains a level of reliability that other networks struggle to maintain during outages. Read more: #Bitcoin #Stablecoins #L2 #TheRationalBit #BitVM #Stacks
Trust is lost in an instant but takes a lifetime to rebuild. New analysis from BPi shows that the demand for Bitcoin spikes whenever the odds of political interference with the Fed go up. What’s interesting is that trust doesn't easily return. We rely on the Fed’s independence, but that is increasing challenged in an era of fiscal dominance. Read more: #Bitcoin #FederalReserve
I remember those first few transfers. It felt like a high-stakes wire transfer... the stress of having the responsibility to get it right. Waiting for that first confirmation felt like a lifetime. It takes some getting used to, but once you move to Lightning, that weight lifts and it feels much easier. How did your first self-custody transfers feel?
Many Bitcoin critics see its energy consumption as a waste, but it's actually the security budget. In this week's comic, Gary is trying to "fix" Bitcoin by removing the energy. He calls it "Proof of Cardboard." But he finds that when you remove the energy from Bitcoin, what you're left with is a fragile box that can't protect your value from a stiff breeze. #bitcoin #nostr #BenAndGary #SundayComics image