4/5 Bitcoin and the connection to contracting

Bitcoin and remote payments There are a several contractual issues associated with payments made over the Internet using Bitcoin. There are for example, possibilities of incorporating debates over...

Posted on 2019-06-21

The Genetic Fallacy

The genetic fallacy avoids an argument by shifting the focus onto something’s or someone’s origins. It’s similar to an ad hominem fallacy in the sense that it leverages existing negative...

Posted on 2019-06-18

Taxing Crypto

Like it or not, Bitcoin and other cryptocurrencies do not stop you from paying tax. They are not designed for such a purpose. Rather, they can facilitate fair taxation. It is possible to integrate...

Posted on 2019-06-17

From the Bygone Days of Yore — Part 1

In today’s post, I will go back to 2012: Panopticrypt had been running since 2011, and I was ready to start moving some of my research into the mainstream. I’ll detail Strassan PL in a later post,...

Posted on 2019-06-03

The GST Story

The following is why you do not pay VAT or GST on Bitcoin. In January 2014, the Australian government argued that GST should apply to Bitcoin. With the help of Clayton Utz and a senior partner of...

Posted on 2019-05-29

Shades of Black…

If you believe the government cannot stop any cryptocurrency, you’re deluded. Bitcoin will work because it stays within law in a manner that allows most nations to set policies. Bitcoin doesn’t...

Posted on 2019-05-24

Satoshi and the Sophists

U.S. Supreme Court Justice Louise Brandeis wrote: "Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants; electric light...

Posted on 2019-05-23

Economic Security

Reorgs and orphan blocks are not an issue with Bitcoin. To say that they are is to compound two separate issues. Firstly, can you double-spend a transaction and get away with it? Secondly, does a...

Posted on 2019-05-22

Funding and rights

My personal bitcoin and the ones owned by the company were two different things. The ones that were being used by the company were not brought into Australia. The system lodged everything as...

Posted on 2019-05-20

Why code must not be law

In early 2014, I had a company called Hotwire in Australia that had just under 50 staff members. In December 2013, with 45 staff members working on Bitcoin projects, I think we exceeded about...

Posted on 2019-05-18