🏙 JP Morgan CEO regrets comments against bitcoin. To be sure, Jamie Dimon's still bearish on bitcoin, but he regrets saying anything at all because it's made him "the spokesperson against bitcoin." In reality, he just doesn't care. This comes a week after JP Morgan revealed they're “tokenizing gold bars and diamonds” on their blockchain platform Quorum. Expect similar non-newsworthy headlines to trend while we weather this bear market.
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READ OF THE DAY
📖Bitcoin at 10 A walkthrough of the e-cash days and why the advent of bitcoin (and its growth over the past 10 years) have been so significant.
Best Insight: "Now you know why I have been dismissive of 'Bitcoin backed by Gold' and the other things people keep coming up with; they are all old ideas that are inferior to pure Bitcoin. History is repeating and rhyming because there aren't very many people who've seen the whole picture. They arrive as latecomers and do what makes sense to them, just as people did in the 1990s, without knowing what has been tried before."
LAUNCH OF THE DAY
🚀 WebLN A library that provides the spec and client libraries for WebLN, a way of interacting with a user's Lightning node via the browser.
THING TO KNOW
Pretty Good Privacy, which was inspired by the name of a grocery store "Ralph's Pretty Good Grocery," is an encryption program that provides cryptographic privacy and authentication for data communication. A software engineer named Phil Zimmermann created PGP back in 1991 to transfer information securely over the Internet.
Today, PGP is “owned” by Symantec, but OpenPGP, an e-mail encryption standard, is implemented by multiple software. You might also hear a lot about GPG, another software tool that implements the OpenPGP standard.