Cryptography and Bitcoin

Cryptography can be used to limit access, and may be restrictive. When a file is encrypted, it can only be accessed with the key. As such, it can act outside of state control and allow individuals...

Posted on 2020-02-20

Forking and Passing Off…

If you consider what most cryptocurrency proponents [2] are trying to do, you will see an attempt to exclude governments and rights and create a system that cannot be controlled outside the...

Posted on 2020-02-13

Myths of Decentralisation…

There is a completely false narrative that you do not hold bitcoin and that they are an intangible distributed across many machines around the Internet. It is utterly wrong. Individuals hold their...

Posted on 2020-02-06

How Digital Signatures Work

Way back in 2006, I wrote a legal paper as part of my work with Northumbria University and my postgraduate law studies on the topic of digital signatures and the Electronic Communications Act 2000...

Posted on 2020-01-21

Looking the Other Way

Not everything of my story is good and positive, but it is not the one my detractors make out either. In creating Bitcoin and all the derivative systems, I can be said to have looked away from a...

Posted on 2020-01-17

Mistakes Also Come when You Listen to Others…

Many of the multitudes of problems surrounding the implementation of Bitcoin come from my failure to explain things to people. In part, I did not realise the difference in individuals who might...

Posted on 2020-01-15

Anarchy and the Foolish Belief in Assassination Markets

In 2008 and 2009, a group of people mistakenly thought that the world would be better off without banking. The loosely aligned anarchist group Occupy Wall Street protested for many months, before...

Posted on 2020-01-06

Transparency and Government

There is an overwhelming amount of false information around Bitcoin and, in particular, on the topic of privacy or pseudonymous transfer. Bitcoin is anything but anonymous. Anonymity requires that...

Posted on 2019-11-15

Proof of Assignment

The Bitcoin blockchain is an immutable audit trail, which does not mean that money cannot be seized or that illicit images and other material cannot be filtered. Immutability does not require...

Posted on 2019-11-13

Digital Gold

It is interesting that a meme of digital gold has popped up around BTC over the last few years. The complete lack of understanding of how Bitcoin works from the Bitcoin Core team has led to such a...

Posted on 2019-11-08