Bitcoin & Blockchain Tech


Bitcoin’s Model of Capitalism
By Craig Wright | 14 Sep 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

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)
By Craig Wright | 18 Aug 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Proof-of-work has become fetishised and overly worshipped by some in the ‘cryptocurrency communities’ and when it comes to Bitcoin. Their

Keys ≠ Identity
By Craig Wright | 08 Aug 2020 | Bitcoin & Blockchain Tech, Law & Regulation, Math

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?
By Craig Wright | 10 Jul 2020 | Bitcoin & Blockchain Tech, Law & Regulation, Philosophy

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
By Craig Wright | 22 Jun 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

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
By Craig Wright | 19 May 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

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
By Craig Wright | 11 May 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

In the Bitcoin and “cryptocurrency” space, and I use the term cryptocurrency loosely as practically none of the other systems

Money Is Time and Energy

Many falsely believe that by simply producing more money or redistributing it, we would all suddenly have more wealth. It

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