Scenario 4: Rolling Contract
In this situation, Bob decides to lease a laptop from Eve on a rolling annual basis, where he needs to provide two months’ notice to cancel the lease at the renewal date otherwise it will...
In this situation, Bob decides to lease a laptop from Eve on a rolling annual basis, where he needs to provide two months’ notice to cancel the lease at the renewal date otherwise it will...
In this situation, Bob takes out a lease contract with Eve for a fixed term of three years. The terms of the contract will specify a number of payments (which are detailed within later posts) and...
This is a slightly enhanced version of scenario 1 where Bob wants to publish the asset onto the Blockchain, but doesn’t want to directly reveal his ownership. In this situation, Bob first creates...
This post is the first in a series to describe a number of important methods that are needed in creating commercially viable contracts in Bitcoin (BCH). We will cover: How a contract, or...
The flaw in stating that economic calculations cannot be conducted is the constant cry that not all costs can be calculated. This is true to an extent, but like all good sophisms, only to a...
The error made in the argument that free movements of people will “take our jobs” is that of a fixed labour pie. This is the same fallacy we see used to justify the price of Bitcoin. There is an...
There is a mistaken notion that an infinite number of monkeys, if given time and an infinite number of sturdy (monkey-resistant) typewriters, will come up with any number of historical texts. ...
We are starting to move to IPv6 and the cloud. Right now, the uptake is minimal at best with very few early adopters for all of the hype. That said, the climate is changing. Soon, IP addresses...
I was forwarded one of the most ignorant concepts of what Bitcoin (and for that matter Blockchain) is about earlier today. This would be a part of the problems that are associated with the false...
There are a number of contractual issues that used to be associated with e-mail that apply to Bitcoin today. There were for example, numerous debates over the applicability of the postal rule for...