November 2018
Why I troll
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.
In order to value a cryptocurrency, we need to start with what it really is and what a substitute good
Bitcoin Is for Business
The goal of Bitcoin is to be cash, but there is only one way to achieve this. Bitcoin must be
Commodity and security
Bitcoin is a commodity based on the exchange of a tokenised security issued as a payment to the “miners” or
Taking care of Business.
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
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
There is a rather simple means to have a secure hardware wallet, and it works far better than Ledger or
Set in Stone
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
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
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
The first problem to be addressed concerns the nature of lawful money. In the United States, the Stamp Payments Act
Sustaining Hash
Many out there such as the developers in ABC want you to believe that a burst of hash matters. It