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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...

In this post I will offer a little advice for the legally clueless. A few ABC developers are arguing that empty blocks are legally an easement (so much for permission-less). Let us start by...

The thing that few see is that we already have proof-of-stake (PoS). The US Federal Reserve is a prime example of an existing proof-of-stake system with the control of the USD. In the US Fed, a...

The first problem to be addressed concerns the nature of lawful money. In the United States, the Stamp Payments Act of 1862[1] was enacted to stop the circulation of private tokens that were in...

In the beginning, Bitcoin allowed two parties to engage in a peer-to-peer trade and exchange that was P2P and then to be sent to the blockchain (the miners) for settlement. Welcome to what Bitcoin...

Many out there such as the developers in ABC want you to believe that a burst of hash matters. It is promoted that ABC have a burst planned with Bitmain’s support, that this will make them the...

In the beginning, Bitcoin allowed data.   In Bitcoin, a world of data was open. The following OP_Codes and the limits could allow data to be pushed into the blockchain and exchanged. These (still...

The vast majority of illicit activity and fraud committed across the Internet could be averted or at least curtailed, if destination ISP and payment intermediaries implemented effective processes...

Government “stimulation” basically slows change. This takes funds from more productive sectors, and redirects it into less productive ones. It maintains the status quo at the expense of slowed...

What does Bitcoin do? To understand Bitcoin, it is necessary to understand what Bitcoin is designed to do, to be. Bitcoin is not a means to remove banks, offer credit, or undermine government, it...