Bitcoin Was Never Designed To Be Censorship-Resistant

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 Casualties of Attacking the Market

The Casualties of Attacking the Market

Aristotle characterized envy as anguish at the prospect of another’s good fortune which is provoked by “those who have what we ought to have” (Aristotle in Cope, 1877). Russell (1930/2015) refers...

Posted on 2020-11-24
The Myth of Complete Knowledge

The Myth of Complete Knowledge

The journal articles written by Jones (2003) and Cairney (2012) seem very different at face value, but we can see the same point of view in both. Jones analyses specific challenges to rationality...

Posted on 2020-11-17
The Problem with Anthropomorphism and Personification

The Problem with Anthropomorphism and Personification

I used the word vote in the Bitcoin white paper three times. I used the notion of anthropomorphism in explaining the concept of proof-of-work. In noting that proof-of-work was “essentially...

Posted on 2020-11-09
Relationship Marketing

Relationship Marketing

In the field of service marketing, relationship marketing is gradually experiencing more common deployment. To some, it would appear as if it were new. But, as Morgan and Hunt (1994) have...

Posted on 2020-10-27
Scarcity and Incentives

Scarcity and Incentives

When people query why elite athletes such as NBA basketball players are getting paid so much more than teachers, the argument is one of scarcity: it is not that basketballers get paid more; it is...

Posted on 2020-10-16
Nation and State: Old Wine in New Bottles

Nation and State: Old Wine in New Bottles

If you opt to believe Anderson (2016; originally 1991), it becomes necessary to concur with the notion that ancient great powers, including Ancient India and Ancient China, are merely modern...

Posted on 2020-10-06
The Myth of Bitcoin as a Voting System

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
Undermining Truth: The Rise of Fake News

Undermining Truth: The Rise of Fake News

Truth in advertising is something that many people would call an oxymoron, but with the advent of social media, we have become even more cynical, and it has become common to see the promotion of...

Posted on 2020-09-21