Author: D. M. Faraday

D. M. Faraday is the editorial voice of All Roads Lead to Bitcoin. He writes about Bitcoin the way a patient teacher would, starting from the evidence, skipping the hype and the price predictions, and clearing away the jargon that keeps most people from ever giving the subject a fair hearing. The idea behind the work is an old and stubborn one: complex things belong to everyone, not just the people already fluent in them. The pen name creates separation between the project and the person, keeping the focus on the arguments and the evidence rather than a personality. No ticker to answer to, no forecast to sell. Just the evidence, examined one myth at a time.

  • Did You Know? Only 0.15% of Bitcoin Transactions Are Linked to Crime

    ByD. M. Faraday Hours

    Bitcoin Myths · #3 of 20 Did You Know? Only 0.15% of Bitcoin Transactions Are Linked to Crime Short Answer According to Chainalysis, illicit activity accounted for 0.15% of all Bitcoin transactions in 2022, down from 0.34% the year before. The UN Office on Drugs and Crime estimates that 2 to 5 percent of global…

  • Did You Know? Bitcoin’s Volatility Has Fallen Every Market Cycle

    ByD. M. Faraday Hours

    Bitcoin Myths · #2 of 20 Did You Know? Bitcoin’s Volatility Has Fallen Every Market Cycle Short Answer Bitcoin volatility is declining, from roughly 140% annualized in 2011 to approximately 50% in 2023-2025. The trend is consistent across every market cycle, and the direction has not changed. The most common criticism of Bitcoin as money…

  • Did You Know? Bitcoin Uses Less Energy Than the Global Banking System

    ByD. M. Faraday Hours

    Bitcoin Myths · #1 of 20 Short Answer Bitcoin energy banking comparison: 138 TWh versus 263 TWh. Bitcoin uses less energy than the global banking system and less than gold mining. More than half of that energy now comes from sustainable sources. The most common objection to Bitcoin is also the least examined. Bitcoin uses…

  • Did You Know? Bitcoin Runs on Physical Machines in 181 Countries

    ByD. M. Faraday Hours

    Bitcoin Myths · #7 of 20 Short Answer The bitcoin physical form objection is common but incomplete. The network runs on real hardware in the real world. Over 21,000 computers across 181 countries maintain the ledger. Warehouses of specialized machines consume auditable electrical energy with every block. More than 39,000 ATMs provide physical access. The…

  • Did You Know? Real Estate Got Its Value from Broken Money

    ByD. M. Faraday Hours

    Bitcoin Myths · #9 of 20 Short Answer Real estate didn’t become one of the world’s biggest asset classes because houses got better. It happened because money stopped working, and people had nowhere else to put their savings. The price of shelter isn’t just about shelter Here’s something worth sitting with. A typical US home…

  • Bitcoin beginner’s guide

    ByD. M. Faraday Hours

    Bitcoin beginner’s guide This bitcoin beginners guide is the short version of everything a new person needs, with no hype and no jargon left unexplained. It covers what Bitcoin is in one breath, how to buy your first bit safely, how to hold it so it’s really yours, and what to read next. Start small,…

  • Is Bitcoin sound money?

    ByD. M. Faraday Hours

    Is Bitcoin sound money? Sound money is money no one can quietly make more of. Fiat currency fails that test. Bitcoin passes it. Here is what the term means, why it matters for what you save, and where the difference is already changing lives. Short Answer Sound money is money whose supply cannot be easily…

  • Bitcoin in its simplest form

    ByD. M. Faraday Hours

    Bitcoin in its simplest form Bitcoin is money you can hold and send yourself, with no bank in the middle. It is not a company, a stock, or a website. It is a shared record, a secret key that only you hold, and a network that agrees on the rules. Everything else is detail built…