{"id":14655,"date":"2022-11-21T01:41:16","date_gmt":"2022-11-21T01:41:16","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/perspective-bitcoin-is-not-boring-by-coinbase-the-coinbase-blog\/"},"modified":"2022-11-21T01:41:16","modified_gmt":"2022-11-21T01:41:16","slug":"perspective-bitcoin-is-not-boring-by-coinbase-the-coinbase-blog","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/perspective-bitcoin-is-not-boring-by-coinbase-the-coinbase-blog\/","title":{"rendered":"Perspective: Bitcoin is not boring | by Coinbase | The Coinbase Blog"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin in The Coinbase Blog on Medium )<\/b><br \/>\n<\/p>\n<div>\n<figure class=\"gp gr jw jx jy jz gl gm paragraph-image\">\n<div role=\"button\" tabindex=\"0\" class=\"ka kb do kc ce kd\">\n<div class=\"gl gm jv\"><picture><source data-testid=\"og\" srcset=\"https:\/\/miro.medium.com\/max\/640\/1*0TJnDCSywXGPgubt0zcNcg.png 640w, https:\/\/miro.medium.com\/max\/720\/1*0TJnDCSywXGPgubt0zcNcg.png 720w, https:\/\/miro.medium.com\/max\/750\/1*0TJnDCSywXGPgubt0zcNcg.png 750w, https:\/\/miro.medium.com\/max\/786\/1*0TJnDCSywXGPgubt0zcNcg.png 786w, https:\/\/miro.medium.com\/max\/828\/1*0TJnDCSywXGPgubt0zcNcg.png 828w, https:\/\/miro.medium.com\/max\/1100\/1*0TJnDCSywXGPgubt0zcNcg.png 1100w, https:\/\/miro.medium.com\/max\/1400\/1*0TJnDCSywXGPgubt0zcNcg.png 1400w\" sizes=\"(min-resolution: 4dppx) and (max-width: 700px) 50vw, (-webkit-min-device-pixel-ratio: 4) and (max-width: 700px) 50vw, (min-resolution: 3dppx) and (max-width: 700px) 67vw, (-webkit-min-device-pixel-ratio: 3) and (max-width: 700px) 65vw, (min-resolution: 2.5dppx) and (max-width: 700px) 80vw, (-webkit-min-device-pixel-ratio: 2.5) and (max-width: 700px) 80vw, (min-resolution: 2dppx) and (max-width: 700px) 100vw, (-webkit-min-device-pixel-ratio: 2) and (max-width: 700px) 100vw, 700px\"\/><img alt=\"\" class=\"ce ke kf c\" width=\"700\" height=\"400\" loading=\"eager\" role=\"presentation\"\/><\/picture><\/div>\n<\/div>\n<\/figure>\n<p id=\"c2ee\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">By <a class=\"au le\" rel=\"noopener\" href=\"https:\/\/medium.com\/@mwnesbitt\">Mark Nesbitt<\/a><\/p>\n<p id=\"d1c0\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\"><em class=\"lf\">Crypto is a rapidly growing space, with many views on how it might evolve. This series explores various ideas on crypto\u2019s future and does not necessarily reflect the view of Coinbase.<\/em><\/p>\n<p id=\"06f4\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\"><strong class=\"ki iz\">TLDR: This post explores a typical evolution of understanding Bitcoin, how its most common criticisms can actually be strengths, and why its value proposition is unique among cryptocurrencies.<\/strong><\/p>\n<p id=\"bf78\" class=\"pw-post-body-paragraph kg kh iy ki b kj me kl km kn mf kp kq kr mg kt ku kv mh kx ky kz mi lb lc ld ir ga\">Many people first encounter cryptocurrency through bitcoin. They learn about private keys, mining, consensus mechanisms, and decentralization. They understand and appreciate the uniqueness of Satoshi\u2019s invention, and the potentially transformative impacts of non-governmental money. It\u2019s a fascinating discovery.<\/p>\n<p id=\"4012\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">Not long after this \u201corange pill\u201d phase, our new bitcoiner will inevitably encounter a fresh crop of criticism of bitcoin. These aren\u2019t the standard \u201cnocoiner\u201d criticisms, but rather these are the \u201ccoiner\u201d criticisms, and unlike many nocoiner critiques, they can\u2019t be dismissed as uninformed. These criticisms are made by people who understand Bitcoin. They are sophisticated and persuasive. Our new bitcoiner finds them compelling. The bitcoiner\u2019s eyes are opened to the many other exciting cryptocurrencies waiting in the wings to eat Bitcoin\u2019s lunch. The new bitcoiner has now entered the \u201cbitcoin is boring\u201d phase\u00b9.<\/p>\n<p id=\"1fb7\" class=\"pw-post-body-paragraph kg kh iy ki b kj me kl km kn mf kp kq kr mg kt ku kv mh kx ky kz mi lb lc ld ir ga\">The criticism usually includes many of the following arguments:<\/p>\n<ul class=\"\">\n<li id=\"a277\" class=\"mj mk iy ki b kj kk kn ko kr ml kv mm kz mn ld mo mp mq mr ga\">Bitcoin\u2019s proof of work consensus mechanism is inefficient and inferior to proof of stake<\/li>\n<li id=\"25fd\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Bitcoin is too slow \u2014 other chains reach finality much faster and therefore will support many more compelling use cases<\/li>\n<li id=\"eaa1\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Bitcoin can\u2019t possibly succeed due to the lack of onchain privacy<\/li>\n<li id=\"3463\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Bitcoin\u2019s lack of an expressive Turing complete programming language makes it less useful than other cryptocurrencies<\/li>\n<li id=\"1731\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Bitcoin is stagnant; there is no meaningful innovation in bitcoin, which means it is sure to be outcompeted<\/li>\n<li id=\"5545\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Bitcoin\u2019s limited onchain transaction throughput will prevent it from being useful<\/li>\n<\/ul>\n<p id=\"9f7f\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">The hot debate among the \u201cbitcoin is boring\u201d crowd is not about whether Bitcoin will last. They are all certain it won\u2019t. The debate is about which among ETH or the <a class=\"au le\" href=\"https:\/\/blog.coinbase.com\/around-the-block-10-eth-killers-and-new-chains-a712c04c344f\" rel=\"noopener ugc nofollow\" target=\"_blank\">mob of ETH-killers<\/a> (let\u2019s collectively label all these as the \u201cweb3 cryptos\u201d) will first eclipse bitcoin. But regardless of who, how, or when, bitcoin WILL be eclipsed. It\u2019s a dead coin walking, carried by nothing more than inertia, name recognition, and the foolishness of the <a class=\"au le\" href=\"https:\/\/en.wikipedia.org\/wiki\/Eternal_September\" rel=\"noopener ugc nofollow\" target=\"_blank\">Eternal September<\/a> of new users flooding into crypto. Sooner or later, the world will realize this, and bitcoin will fade into irrelevance as a pioneering footnote like so many other \u201cfirsts\u201d throughout the history of technology.<\/p>\n<p id=\"b5ca\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">The view can be summarized as: \u201cBitcoin will be outcompeted.\u201d<\/p>\n<p id=\"0eac\" class=\"pw-post-body-paragraph kg kh iy ki b kj me kl km kn mf kp kq kr mg kt ku kv mh kx ky kz mi lb lc ld ir ga\">There\u2019s a huge oversight in this line of reasoning.<\/p>\n<p id=\"88a3\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">Proponents believe bitcoin is in competition with web3 cryptos. It\u2019s not. It is trying to be one thing above all else: digital gold.\u00b2<\/p>\n<p id=\"7e4b\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">Nearly every other actively developed cryptocurrency besides bitcoin has the same product vision as Ethereum: create a decentralized application platform, often called \u201cweb3.\u201d\u00b3 They are trying to build the next internet, to enable \u201cunstoppable apps\u201d\u2074, not build digital gold.<\/p>\n<p id=\"ac33\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">Once Bitcoin\u2019s goal is understood, many of the purported weaknesses laid out in the \u201cbitcoin is boring\u201d view in fact reveals themselves to be strengths:<\/p>\n<ul class=\"\">\n<li id=\"6866\" class=\"mj mk iy ki b kj kk kn ko kr ml kv mm kz mn ld mo mp mq mr ga\">Digital gold must be transferable. Proof of work has thus far been highly censorship resistant.<\/li>\n<li id=\"ae8e\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Digital gold must be decentralized. Ensuring that a global network can consistently reach consensus without trusted parties is crucial.<\/li>\n<li id=\"9669\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Digital gold must be scarce. The transparency of bitcoin\u2019s ledger ensures easy accounting of the total supply.\u2075<\/li>\n<li id=\"90d7\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Digital gold must be safe. Safety is aided through simplicity, driving a need to eliminate unnecessary complexity.\u2076<\/li>\n<li id=\"e84f\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Digital gold must be stable. Constantly changing rules are disqualifying.<\/li>\n<li id=\"971b\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Digital gold must be verifiable. Validation of the asset must be cheap and accessible.<\/li>\n<\/ul>\n<p id=\"b555\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">The realization that bitcoin has a fundamentally different goal from the web3 cryptos reveals a crucial point: Bitcoin has no meaningful competitors. The web3 crowd is scratching and clawing at each other, while literally no one else is trying to play bitcoin\u2019s game. Bitcoin is sprinting as fast as it can to get years under its belt and build the credibility required to be digital gold \u2014 a process that has no shortcuts. It can only do this by being stable, predictable, and functional over many years. For any competitors that do decide to challenge Bitcoin, they will have to overcome Bitcoin\u2019s enormous 13 year head start. Currently, no one else has yet entered the race.<\/p>\n<p id=\"38b2\" class=\"pw-post-body-paragraph kg kh iy ki b kj me kl km kn mf kp kq kr mg kt ku kv mh kx ky kz mi lb lc ld ir ga\">There\u2019s a second form of the \u201cbitcoin is boring\u201d argument, often a convenient fallback for those who belatedly grasp the shortcomings of the first argument. This form of the argument sees a far grander vision in crypto than \u201cmere\u201d digital gold, and goes something like this:<\/p>\n<blockquote class=\"mx my mz\">\n<p id=\"efae\" class=\"kg kh lf ki b kj kk kl km kn ko kp kq na ks kt ku nb kw kx ky nc la lb lc ld ir ga\">Digital gold!? Think bigger! Imagine disintermediating Facebook, Amazon, or Google. If the most innovative thing you can think to do is to digitally replicate the refinement of a largely useless metal that people value primarily due to centuries of superstition, prepare to eat my dust.<\/p>\n<\/blockquote>\n<p id=\"adae\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">The proponent of the second version of \u201cbitcoin is boring\u201d might respond to the previous section with \u201cOk fine, so nothing competes with bitcoin because bitcoin is playing a different sport. But I\u2019m still right, because bitcoin is shown on ESPN 8 while web3 is playing in the superbowl. So congrats on your win in the peewee league.\u201d<\/p>\n<p id=\"be7e\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">The view can be summarized as: \u201cBlockchains can be far more impactful than mere digital gold.\u201d<\/p>\n<p id=\"7540\" class=\"pw-post-body-paragraph kg kh iy ki b kj me kl km kn mf kp kq kr mg kt ku kv mh kx ky kz mi lb lc ld ir ga\">There\u2019s nothing wrong with a moonshot. Maybe web3 can provide a democratic revolution for the internet. That\u2019s an exciting possibility.<\/p>\n<p id=\"0987\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">The error comes from dismissing bitcoin just because you also see value in something else. These are not mutually exclusive futures. Let\u2019s review the impact of digital gold: Bitcoin is a form of value that a government cannot debase or easily seize, and it can be transferred globally with nothing but an internet connection. Such an invention is a big deal. The IMF is <a class=\"au le\" href=\"https:\/\/www.imf.org\/-\/media\/Files\/Publications\/GFSR\/2021\/October\/English\/text.ashx\" rel=\"noopener ugc nofollow\" target=\"_blank\">rightfully fearful<\/a> of the threat to fiat currencies posed by nongovernmental money. The existence of web3 projects does nothing to change this potential.<\/p>\n<p id=\"3156\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">In addition to an honest and thoughtful recognition of the massive impact of true digital gold, there\u2019s another key point to consider: Bitcoin has shipped. Digital gold exists right here, right now. It is ready for investors, financial institutions, and nations.\u2077<\/p>\n<p id=\"4e7e\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">In contrast, none of the web3 projects have shipped anything close to their final product.\u2078 Their current state should be considered as a successful proof of concept for what web3 could become. Readers can know that I\u2019m right because of a simple observation: All the web3 projects have ambitious roadmaps that invariably include crucial breakthroughs to deliver results that have not yet been demonstrated. Will proof of stake effectively resist censorship? Will sharding enable true decentralized verification at scale? Will dev teams be able to step away from being critical points of centralization? Will L2s really allow for trustless scalability? Of course every web3 project insists that success in these matters is a certainty, that these questions will surely be answered in their favor. Perhaps. A truly independent minded skeptic is forced to conclude that only time will tell the answers to these questions.<\/p>\n<p id=\"ae14\" class=\"pw-post-body-paragraph kg kh iy ki b kj me kl km kn mf kp kq kr mg kt ku kv mh kx ky kz mi lb lc ld ir ga\">Moving on from \u201cbitcoin is boring\u201d does not make one a bitcoiner.\u2079 One can leave the phase and still run the entire gamut: bitcoin maximalist, multicoiner, or bitcoin critic. The hallmark of exit is ceasing to be dismissive of bitcoin.<\/p>\n<p id=\"c671\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">Maybe bitcoin\u2019s goals are not as interesting to you as web3 goals. But even the biggest web3 proponent has to acknowledge:<\/p>\n<ul class=\"\">\n<li id=\"2521\" class=\"mj mk iy ki b kj kk kn ko kr ml kv mm kz mn ld mo mp mq mr ga\">Bitcoin is not in competition with any other cryptocurrency. It is crushing its mission to be digital gold while literally no other project is even trying.<\/li>\n<li id=\"99c6\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld mo mp mq mr ga\">Digital gold matters, and is here today.<\/li>\n<\/ul>\n<p id=\"af8e\" class=\"pw-post-body-paragraph kg kh iy ki b kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la lb lc ld ir ga\">Recognizing those two things clearly drives the following conclusion: Bitcoin is not boring.<\/p>\n<ol class=\"\">\n<li id=\"b483\" class=\"mj mk iy ki b kj me kn mf kr nd kv ne kz nf ld ng mp mq mr ga\">I call it a phase. That doesn\u2019t mean that everyone goes through it, or that everyone leaves it. It\u2019s like being rebellious in your teenage years \u2014 some teens don\u2019t do this, and some adults have clearly never moved out of it. But enough people both enter and leave to call it a phase.<\/li>\n<li id=\"ae61\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld ng mp mq mr ga\">Not P2P electronic cash. The blocksize war had a very clear outcome. See the next footnote for more on electronic cash.<\/li>\n<li id=\"a94c\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld ng mp mq mr ga\">There are exceptions. Some cryptos aim to deliver a specific decentralized application, like object storage. Others aim to be cash. Interestingly, the \u201ccash cryptos\u201d can struggle with an identity crisis, since the high onchain transaction throughput requirements for payments also make the chain potentially suitable for decentralized apps. Isn\u2019t \u201cthe new decentralized internet\u201d more exciting than \u201cthe new decentralized venmo?\u201d The temptation is irresistible, and they implicitly begin moving towards \u201cweb3.\u201d <a class=\"au le\" href=\"https:\/\/web.archive.org\/web\/20210910082410\/https:\/\/build.cash\/smartbchstart\/\" rel=\"noopener ugc nofollow\" target=\"_blank\">Consider the OG cash crypto, Bitcoin Cash<\/a>.<\/li>\n<li id=\"05ea\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld ng mp mq mr ga\">Unless a bunch of insiders lose a lot of money when the flagship app gets hacked. Then the app should be stopped, of course.<\/li>\n<li id=\"9d06\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld ng mp mq mr ga\">Privacy coins inherently suffer the risk of undetectable inflation vulnerabilities. These are not merely theoretical \u2014 they have happened to both <a class=\"au le\" href=\"https:\/\/electriccoin.co\/blog\/zcash-counterfeiting-vulnerability-successfully-remediated\/\" rel=\"noopener ugc nofollow\" target=\"_blank\">ZEC<\/a> and <a class=\"au le\" href=\"https:\/\/www.getmonero.org\/2017\/05\/17\/disclosure-of-a-major-bug-in-cryptonote-based-currencies.html\" rel=\"noopener ugc nofollow\" target=\"_blank\">XMR<\/a>, the two most prominent privacy coins. <a class=\"au le\" href=\"https:\/\/web.archive.org\/web\/20210617191330\/https:\/\/coinmetrics.io\/bitcoin-private\/\" rel=\"noopener ugc nofollow\" target=\"_blank\">And don\u2019t forget Bitcoin Private<\/a>, a fiasco only made possible by the fact that BTCP is a privacy coin.<\/li>\n<li id=\"d4a5\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld ng mp mq mr ga\">Solana recently suffered 17 hours of downtime, earning derisive criticism from many bitcoin maximalists. Interestingly, instead of reacting as if a catastrophe had occurred, a Solana developer downplayed the significance of the failure, and even suggested it could happen again. This would be absurd for bitcoin, and brought howls from the bitcoin crowd. But his view actually makes sense <em class=\"lf\">for what he\u2019s building<\/em> \u2014 sometimes web platforms go down. AWS recently suffered almost a day of downtime. While bad, it happens. This is a terrific anecdote for how bitcoin and web3 are playing entirely sports \u2014 17 hours of downtime would be a disaster for digital gold, but not for an app platform.<\/li>\n<li id=\"b474\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld ng mp mq mr ga\">This doesn\u2019t mean that there\u2019s nothing that can be added to bitcoin. Many improvements are consistent with the goal of being digital gold, such as taproot or improved transaction broadcast logic. But those are refinements to a product that has already cracked the core of its problem, and has delivered its key promise.<\/li>\n<li id=\"f7b5\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld ng mp mq mr ga\"><a class=\"au le\" href=\"https:\/\/twitter.com\/cryptocobain\/status\/1469806483206381569?s=27\" rel=\"noopener ugc nofollow\" target=\"_blank\">This tweet<\/a> captures it perfectly: \u201cWe own bitcoin because it doesn\u2019t change. We own ethereum because it does.\u201d Ethereum can, should, and will change. Digital gold absolutely should not.<\/li>\n<li id=\"c4ed\" class=\"mj mk iy ki b kj ms kn mt kr mu kv mv kz mw ld ng mp mq mr ga\">This is not a maxi manifesto. I would expect that most well informed web3 proponents would agree with most of what I\u2019ve said here, perhaps with the exception of the skepticism about the ease with which they\u2019ll achieve their roadmaps. Nothing in this article suggests that the web3 cryptos have the wrong objectives, or that they can\u2019t or won\u2019t succeed. Nothing even suggests that the web3 objectives aren\u2019t more exciting or transformative than the digital gold objective. Nevertheless, when comparing them to one another, it\u2019s important to point out that the objectives are <em class=\"lf\">different<\/em>. In addition, the web3 cryptos have not yet shown that they can build everything they need to deliver on their objective. Consider watching Andreas Antonopolous\u2019s talk: <a class=\"au le\" href=\"https:\/\/www.youtube.com\/watch?v=d0x6CtD8iq4\" rel=\"noopener ugc nofollow\" target=\"_blank\">The Lion and the Shark<\/a>.<\/li>\n<\/ol>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/medium.com\/the-coinbase-blog\/perspective-bitcoin-is-not-boring-ee62de4d23e7?source=rss----c114225aeaf7--bitcoin\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin in The Coinbase Blog on Medium ) By Mark Nesbitt Crypto is a rapidly growing space, with many views on how it might evolve. This series explores various ideas on crypto\u2019s future and does not necessarily reflect the view of Coinbase. TLDR: This post explores a typical evolution of understanding [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":14656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14655"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=14655"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/14656"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=14655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=14655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=14655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}