Nanostrategy

Recently, it has come to my attention that Michael Saylor has been misleading investors to make a fraudulent gain. He makes the claim that bitcoin cannot be taken. Which is false. He makes the...

Posted on 2021-01-29

Bitcoin and Tax

There is a common myth that Bitcoin will allow individuals to avoid paying tax. It could not be further from the truth, and in today’s post, I will demonstrate how easy it will be for governments...

Posted on 2020-12-31

Bitcoin Was Never Designed To Be Censorship-Resistant

You will never find a statement from me in my persona of Satoshi saying that Bitcoin was designed for ‘censorship resistance’. The reason for it is simple: such is not the purpose or design of...

Posted on 2020-12-06

The Myth of Bitcoin as a Voting System

There lies an error in many people’s fundamental understanding of Bitcoin, and any blockchain system, that has been propagated by those who seek to hide the power grab they are making—behind a...

Posted on 2020-09-29

Bitcoin's Model of Capitalism

Some people think that Bitcoin is a system designed to act outside of state and society. Others believe that it is a system designed to control business and to reign power into their particular...

Posted on 2020-09-14

What Proof-of-Work Is Used for (in Bitcoin)

Proof-of-work has become fetishised and overly worshipped by some in the ‘cryptocurrency communities’ and when it comes to Bitcoin. Their fixation is unfortunate, because proof-of-work is little...

Posted on 2020-08-18

Keys ≠ Identity

In mathematics and logic, there are many functions that act only one-way. Bitcoin is based on many such functions. For instance, a cryptographically secure hash function, based on an indexed value...

Posted on 2020-08-08

What Is Censorship Resistance?

Bitcoin has nothing to do with ‘censorship resistance’, and it never did. The entire term is rather asinine. The only people who truly want ‘censorship resistance’ and money of any size are...

Posted on 2020-07-10

Nodes, Hash Rate, and Signalling

Some people falsely think that the amount of hash rate is a security feature in itself. The error here stems from believing that you can never catch up from behind. Such thinking is limited, and...

Posted on 2020-05-19