Why Silk Road was an abyss

Why Silk Road was an abyss

Very simply, Silk Road was the worst thing to happen on Bitcoin. Freedom is not absolute. We live and act in a society, and selling drugs was one thing, but the reality was it also allowed things...

Posted on 2018-12-10
The Fury

The Fury

I have spent a lot of my life being angry. The drive and passion in me that drive the creative spark have many sides. It is not just Bitcoin. I have been saying that risk and security are economic...

Posted on 2018-12-10
Instant transactions

Instant transactions

The “FUD” around Bitcoin is deep, but we shall start to clear it up. The truth is, most things in Bitcoin are simple. This is why many in the industry try to tell you otherwise. They seek to gain...

Posted on 2018-12-09
Why I troll

Why I troll

I should not troll on Twitter, but I do enjoy it. There is, more importantly, a reason why I troll. The reason is also very simple. There are many so-called experts in Bitcoin who have no idea...

Posted on 2018-11-26
Valuing systems — the margin of substitute goods.

Valuing systems — the margin of substitute goods.

In order to value a cryptocurrency, we need to start with what it really is and what a substitute good will be. This is important as all things, including money, have alternatives. BTC — 1 MB...

Posted on 2018-11-25
Bitcoin Is for Business

Bitcoin Is for Business

The goal of Bitcoin is to be cash, but there is only one way to achieve this. Bitcoin must be a commodity ledger. To be money, Bitcoin cannot be a speculative gambling asset. For many, this...

Posted on 2018-11-20
Commodity and security

Commodity and security

Bitcoin is a commodity based on the exchange of a tokenised security issued as a payment to the “miners” or nodes in the system for a right to have an “immutable” entry saved to the ledger. The...

Posted on 2018-11-19
Taking care of Business.

Taking care of Business.

Going forward we will start to open up and allow business use of the Bitcoin blockchain. Bitcoin scales, and we will be demonstrating this in the coming days as we first start running 128-MB...

Posted on 2018-11-18
Present Liability Schemes and Sanctions

Present Liability Schemes and Sanctions

The actor with the best capability to thwart most forms of internet-related misconduct is the primary malfeasor. The release of malware such as a “worm” is without doubt best prevented from...

Posted on 2018-11-16
Set in Stone

Set in Stone

Bitcoin was designed from the start to be a form of stable money, that is: it has a set amount, not that you can buy a set quantity of anything with it.   If you alter money, you always change the...

Posted on 2018-11-15