Bitcoin & Blockchain Tech


Scenario 5: Contract Conditionality
By Craig Wright | 06 Oct 2018 | Bitcoin & Blockchain Tech, Law & Regulation

In this situation, Bob enters into a contract with a pool of builders to deliver a new property, and specifies [...]

The Labour Fallacy of Bitcoin Value
By Craig Wright | 05 Oct 2018 | Bitcoin & Blockchain Tech, Economics

The error made in the argument that free movements of people will “take our jobs” is that of a fixed [...]

The infinite money fallacy
By Craig Wright | 04 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Math

There is a mistaken notion that an infinite number of monkeys, if given time and an infinite number of sturdy [...]

Security in a world of IPv6 and Bitcoin
By Craig Wright | 03 Oct 2018 | Bitcoin & Blockchain Tech

We are starting to move to IPv6 and the cloud. Right now, the uptake is minimal at best with very [...]

Bitcoin as a Notary
By Craig Wright | 01 Oct 2018 | Bitcoin & Blockchain Tech, Law & Regulation

I was forwarded one of the most ignorant concepts of what Bitcoin (and for that matter Blockchain) is about earlier [...]

Bitcoin and Contracts
By Craig Wright | 29 Sep 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

There are a number of contractual issues that used to be associated with e-mail that apply to Bitcoin today. There [...]

Miners and rational expectations
By Craig Wright | 29 Sep 2018 | Bitcoin & Blockchain Tech

  Some are treating the scenario of mining proceedings as a forward memory — remembering what HAS NOT happened. If you have [...]

Defining smart contracts
By Craig Wright | 28 Sep 2018 | Bitcoin & Blockchain Tech, Law & Regulation

When contrasting contractual principles, it is clear that where a contract is not required to be in writing (Columbia Law [...]

The postal acceptance rule in Bitcoin
By Craig Wright | 27 Sep 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

The postal acceptance rule states that where an acceptance is to be sent by post, the contract associated with that [...]

Why is Bitcoin Open Source?
By Craig Wright | 26 Sep 2018 | Bitcoin & Blockchain Tech

To an extent all software is a black box. As a consequence, the quote concerning Bitcoin needing to be open [...]

Simplicity in Bitcoin
By Craig Wright | 25 Sep 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech

There is a small correlation between the effects of security and simplicity. This use of complexity for its own sake [...]

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