The labour fallacy of mining

I have noted a good number of people hold on to the same common fallacy as was promoted by Marx. Labour is not a goal, it is a means. If labour can be reduced and the level of production...

Posted on 2019-03-07

Proof of (unregistered) security

There have been many people pushing proof of stake as an alternative to proof of work. They claim that proof of stake was somehow more advanced and even that it differed from a standard securities...

Posted on 2019-03-04

Clickwrap smart contracts

Clickwrap contracts are functionally the same as the shrink wrap method in software licenses and other product offerings, but formed in the digital world. A clickwrap contract allows the purchaser...

Posted on 2019-03-03

Forex accounting in script

Continuing with business ideas that can be implemented within Bitcoin using the scripting options of BSV, I will detail the concept of a particular form of the Ricardian contract. There are some...

Posted on 2019-02-24

The start of Metanet

Way back in the depths of the late 90s, I was a young brash 20-something with this concept that I would change the Internet for the better. I never really looked at people properly. I took them at...

Posted on 2019-02-14

The false lure of anonymity

One of the strangest things for me comes from the retrogression into things like proof of stake and the associated failed models of cryptocurrency. When I was working on Blacknet in 2005 and 2006,...

Posted on 2019-02-12

The story of Bitcoin, continued

My first marriage ended in October 2010. It had been rocky for a time before it ended. I mentioned in my last post how I worked doing forensic contracts yet only for the prosecution. Some of them...

Posted on 2019-02-09

Careful what you wish for…

I moved to the UK in October 2015. We still had business interests there, so I would fly to and from Australia, but my home was already to be in Wimbledon, London. In 2016, I was dressed in a...

Posted on 2019-02-08