Economics


Property Law in the Age of Bitcoin

By Craig Wright | 31 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation, Philosophy

Property (as defined in legal terms) as is associated with servers, routers, and information systems in general is known in…

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Tax and Bitcoin — Income tax implications of Bitcoin as money

By Craig Wright | 31 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation, Math

1.1 Overview of the income-tax system From an Australian income-tax perspective, a taxpayer’s country of residence and the source of…

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True Sale and Insolvency Challenges in ICO Token Sales

By Craig Wright | 31 Oct 2018 | Alternative Coins & Systems, Economics, Law & Regulation

In the English law, “true sale” incorporates the securitisation structures around existing receivables in two forms. We first have to…

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The scams in Crypto

By Craig Wright | 30 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics, Law & Regulation

I will discuss the current state of play in ICOs. In my posts, I will demonstrate categorically that no token…

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A Bitcoin Smart Risk Contract

By Craig Wright | 30 Oct 2018 | Bitcoin & Blockchain Tech, Economics

In economic terms, we want to assign liability such that the optimal damage-mitigation strategy occurs. The victim of a breach…

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Taxing Bitcoin — GST implications of Bitcoin as money

By Craig Wright | 29 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

  1.1 Overview of the Australian GST system GST is a broad-based consumption tax, and is imposed on taxable supplies and…

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Taxing Bitcoin — Ordinary and tax concepts of “Money”

By Craig Wright | 29 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Continuing the look into the use of Bitcoin (BCH) as money we look at the legal definition of “money”. In…

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Taxing Bitcoin — Introduction.

By Craig Wright | 28 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

Bitcoin is money, but it is also a ledger, a commodity and a token. It is all these things and…

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Burning and why it matters that it is stopped

By Craig Wright | 27 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation, Math

First, we need to note that Bitcoin is an economic system and in economics, incentives and intent matter. The loss…

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Neural Network Threshold Oracles

By Craig Wright | 26 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Math

The main advantage to a system’s engineering approach is the ease with which it can be automated. Various inputs and…

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Managing Blockchain Automata

By Craig Wright | 21 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

This umbrella document describes a distributed platform open to public participation for managing the automation of tasks that interfaces with…

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Phases of the Bitcoin system

By Craig Wright | 20 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

The Bitcoin system may be broken down into the following “phases”: Mining; Holding Bitcoin; and Transferring Bitcoin. Each of these…

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Never miss a story from Craig Wright (Bitcoin SV is the original Bitcoin)

Never miss a story from Craig Wright (Bitcoin SV is the original Bitcoin)