Bitcoin & Blockchain Tech
The Myth of Bitcoin as a Voting System
There lies an error in many people’s fundamental understanding of Bitcoin, and any blockchain system, that has been propagated by [...]
Bitcoin’s Model of Capitalism
Some people think that Bitcoin is a system designed to act outside of state and society. Others believe that it [...]
What Proof-of-Work Is Used for (in Bitcoin)
Proof-of-work has become fetishised and overly worshipped by some in the ‘cryptocurrency communities’ and when it comes to Bitcoin. Their [...]
Keys ≠ Identity
In mathematics and logic, there are many functions that act only one-way. Bitcoin is based on many such functions. For [...]
What Is Censorship Resistance?
Bitcoin has nothing to do with ‘censorship resistance’, and it never did. The entire term is rather asinine. The only [...]
Cryptocurrency and the Law of the Horse
In 1996, Judge Easterbrook presented and spoke to the University of Chicago Law School. In his speech, he reflected the [...]
Techno-Communism and the Desire for Socialism through Code
One of the primary arguments made over and over throughout ‘blockchain communities’ comes with the concept of being owed a [...]
Is Code Really Law?
Many people within the ‘cryptocurrency communities’ have made a religion of “code is law”, the flawed methodology of Lawrence Lessig [...]
The Right to Run a Node
The problem that exists in the Bitcoin environment today is reminiscent of society at large. For many years now, we [...]
A Discourse on Nodes
The definition that has propagated around the description of a Bitcoin node has led to a rather cultish ‘quasi-religion’. I [...]
Nodes, Hash Rate, and Signalling
Some people falsely think that the amount of hash rate is a security feature in itself. The error here stems [...]
How the World Works; or, A Discourse on Fake News
In the Bitcoin and “cryptocurrency” space, and I use the term cryptocurrency loosely as practically none of the other systems [...]