November 2018


Why I troll
By Craig Wright | 26 Nov 2018 | Bitcoin & Blockchain Tech, Math

I should not troll on Twitter, but I do enjoy it. There is, more importantly, a reason why I troll.

Valuing systems — the margin of substitute goods.
By Craig Wright | 25 Nov 2018 | Economics

In order to value a cryptocurrency, we need to start with what it really is and what a substitute good

Bitcoin Is for Business
By Craig Wright | 20 Nov 2018 | Bitcoin & Blockchain Tech, Economics

The goal of Bitcoin is to be cash, but there is only one way to achieve this. Bitcoin must be

Commodity and security
By Craig Wright | 19 Nov 2018 | Bitcoin & Blockchain Tech

Bitcoin is a commodity based on the exchange of a tokenised security issued as a payment to the “miners” or

Taking care of Business.
By Craig Wright | 18 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Going forward we will start to open up and allow business use of the Bitcoin blockchain. Bitcoin scales, and we

Present Liability Schemes and Sanctions
By Craig Wright | 16 Nov 2018 | Bitcoin & Blockchain Tech, Law & Regulation

The actor with the best capability to thwart most forms of internet-related misconduct is the primary malfeasor. The release of

The hardware wallet in a phone
By Craig Wright | 15 Nov 2018 | Bitcoin & Blockchain Tech

There is a rather simple means to have a secure hardware wallet, and it works far better than Ledger or

Set in Stone
By Craig Wright | 15 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Bitcoin was designed from the start to be a form of stable money, that is: it has a set amount,

Proof of State, or, the new Fed
By Craig Wright | 14 Nov 2018 | Economics, Law & Regulation

The thing that few see is that we already have proof-of-stake (PoS). The US Federal Reserve is a prime example

Miners and Property rights
By Craig Wright | 14 Nov 2018 | Bitcoin & Blockchain Tech, Law & Regulation

In this post I will offer a little advice for the legally clueless. A few ABC developers are arguing that

Problems and key questions around Bitcoin
By Craig Wright | 13 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

The first problem to be addressed concerns the nature of lawful money. In the United States, the Stamp Payments Act

Sustaining Hash
By Craig Wright | 13 Nov 2018 | Bitcoin & Blockchain Tech, Math

Many out there such as the developers in ABC want you to believe that a burst of hash matters. It

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