Posts in Bitcoin & Blockchain Tech

Plato covered the problems of true anonymity in The Republic. In this story, he detailed a fictional character called Gyges of Lydia who found a magic ring that enabled him to escape all review...

Without spectators, we cannot be moral Adam Smith Without spectators, we cannot be moral

Banking on Bitcoin There is this myth around banking and bitcoin. Any quick search will show thousands of sites and people promoting the idea of “be your own bank”. This seems to become one of the...

There is an episode of Black Mirror called Nosedive that explains some of the reason for the creation of bitcoin as a proof of work system. As bitcoin has been growing up, the value has not been...

Something people fail to understand about bitcoin is it is intentionally limited in what it can do and how it can be changed. This is purposeful. Bitcoin is designed to be stable money and for...

Bitcoin was first announced in 2008. After the software went live in early 2009 an announcement reinforcing the statements of the white paper was issued on the P2P forum. This announcement...

I’m writing this in a more accessible format; that is a blog rather than an academic paper. Many people often wonder why Bitcoin used a 10-minute interval. Bitcoin is configured to adjust to a...

Bitcoin is Peer to Peer electronic cash. This is it first and foremost. In this I am going to address a few of the myths around bitcoin. Before I do that, let me first set some terms and...

From Simmons v. London Joint Stock Bank [1]; the House of Lords overturned the lower court on appeal to set the definition of a negotiable instrument. This form of security is one, the property in...

A little-known fact is that even Bitcoin is a security. The mistake is thinking that this is the issue. Bitcoin is a security that is outside of the S.E.C.’s bailiwick. Bitcoin falls within a few...