Institutional madness

Institutional madness

There is a simple reason why Tether (USDT) has avoided being audited. At least 31% of the reported funds have been embezzled from the Russian state with at least 13% of the total Tether value...

Posted on 2019-05-16
Money is a measuring stick

Money is a measuring stick

Something that people don’t seem to understand well is that money is not in itself a valuable. Money is simply a measurement of stored debt. It is a call on society for past exchange. Money is the...

Posted on 2019-05-14
Crypto flim-flam

Crypto flim-flam

Unfortunately, every new technology opens up opportunities for the flim-flam man and night singer. It is no different with my technology and what people have done with it. In time, Bitcoin will...

Posted on 2019-05-13
Custodial standards

Custodial standards

In the credit card industry, there is a security framework known as PCI-DSS. It represents really a minimal security level for anyone running anything that accepts and stores other people’s money...

Posted on 2019-05-10
Don’t be fooled — Bitcoin is not BTC

Don’t be fooled — Bitcoin is not BTC

In order to clear up some areas around my history as the creator of Bitcoin for people, I need to point out a few fallacies. Firstly, there is the fallacy that Satoshi acted in a particular...

Posted on 2019-05-08
The puzzle of the double hash

The puzzle of the double hash

There is a long-standing puzzle within Bitcoin that has not yet been solved correctly: why did I use a double hash? First of all, the explanation of the double-hash problem as given in the...

Posted on 2019-04-30
The wheel of time is not on an axis

The wheel of time is not on an axis

The failure in understanding change lies in believing that the wheel of time is on a stationary axle. We move forward as the wheel does. The wheel of fortune rises and falls, and as it does so, it...

Posted on 2019-04-27
Decentralised or just inefficient?

Decentralised or just inefficient?

Let us do a little thought experiment. Later in the year, I’ll be talking about a way of doing serialised algorithms across machines. It is something I developed in 2005. It seems to be what many...

Posted on 2019-04-26
Misinformation and the myth of Satoshi

Misinformation and the myth of Satoshi

Bitcoin is a story of myths; it was never designed for such an end, but it’s what they who have no idea of science or testing hypotheses have come to understand. To some, it is easier; the myth to...

Posted on 2019-04-25
The immovable

The immovable

Many people in the bucket shop, sorry, “crypto currency exchange” industry want to see me gone.   The Church of the immovable Ladder Unfortunately, at least for them, this isn’t going to happen....

Posted on 2019-04-23