Economics
Reversing Illicit Transactions on Bitcoin Is Simple
There is a lie that is propagated by those who seek to falsely claim that Bitcoin was created as an
Logical Fallacies and the SCADA Problem
The arguments for extreme events are interesting, and one has to wonder about the motivation for them. The argument that
From the Bygone Days of Yore — Part 1
In today’s post, I will go back to 2012: Panopticrypt had been running since 2011, and I was ready to
The GST Story
The following is why you do not pay VAT or GST on Bitcoin. In January 2014, the Australian government argued
Satoshi and the Sophists
U.S. Supreme Court Justice Louise Brandeis wrote: “Publicity is justly commended as a remedy for social and industrial diseases. Sunlight
Economic Security
Reorgs and orphan blocks are not an issue with Bitcoin. To say that they are is to compound two separate
Money is a measuring stick
Something that people don’t seem to understand well is that money is not in itself a valuable. Money is simply
The puzzle of the double hash
There is a long-standing puzzle within Bitcoin that has not yet been solved correctly: why did I use a double
Decentralised or just inefficient?
Let us do a little thought experiment. Later in the year, I’ll be talking about a way of doing serialised
The “Perfect” Firewall….
Security is a story of economics. It is about risk. In my time in the industry, I’ve worked for a
We don’t want to lead with “anonymous”
One thing I’ve learnt during my time with Bitcoin is how important it is to choose your words carefully. Privacy