2018


Contract Law and Smart Contracts
By Craig Wright | 28 Dec 2018 | Bitcoin & Blockchain Tech, Law & Regulation

Contract law is designed to minimise: the cost of writing a contract; the cost of courts rewriting contracts; inefficiency (including [...]

Breach of contract — Remedies for breach
By Craig Wright | 27 Dec 2018 | Bitcoin & Blockchain Tech, Law & Regulation

When the court decides there has been a breach, there are many remedies at its disposal. One solution is to [...]

Crowd Funding and ICOs

The following are some notes on ICOs (all are securities) that can act as a set of things to consider. [...]

Account and Transfer Systems.
By Craig Wright | 22 Dec 2018 | Economics, Law & Regulation

Most payment systems today are based on the deposit of funds and the transfer of credit from one party’s account [...]

The myth of the full validation node
By Craig Wright | 21 Dec 2018 | Bitcoin & Blockchain Tech, Philosophy

There is a long-running false narrative of “full validating nodes.” The dishonesty that has been sold as a truth is [...]

On Predicates
By Craig Wright | 21 Dec 2018 | Bitcoin & Blockchain Tech, Law & Regulation

In the common law, many individual fact-based decisions are set as predicates. No, not these. To many, it ends up making [...]

Expectation of Profits
By Craig Wright | 20 Dec 2018 | Alternative Coins & Systems, Economics

The US Howey case used the Expectation of Profit as an element in International Brotherhood of Teamsters vs Daniel. Daniel [...]

Currency
By Craig Wright | 19 Dec 2018 | Economics, Math

Coins remain legal tender without having an economic basis in specie. They hence, as with paper notes, rest on the [...]

Private blockchains are a matter of economic forces
By Craig Wright | 18 Dec 2018 | Bitcoin & Blockchain Tech, Economics

The issue of “private blockchains” comes to a purely economic outcome. The issue of public vs private is, and has [...]

Bitcoin in law
By Craig Wright | 18 Dec 2018 | Bitcoin & Blockchain Tech, Law & Regulation

On confirmation, the recipient faces minimal, if any, ongoing risk of fraud from the transferer (Alice, A). There remains an [...]

BLOCKCHAIN Based Accounting:
By Craig Wright | 14 Dec 2018 | Bitcoin & Blockchain Tech, Economics

For more details see the following link: CRYPTOGRAPHIC METHOD AND SYSTEM FOR SECURE EXTRACTION OF DATA FROM A BLOCKCHAIN Executive [...]

The lie of anarchy
By Craig Wright | 13 Dec 2018 | Bitcoin & Blockchain Tech, Economics

The lie of anarchy and the true value in Bitcoin Many have thought that Bitcoin was in some manner designed to [...]

Never miss a story from Craig Wright (Bitcoin SV is the original Bitcoin)