Economics


Payment intermediaries
By Craig Wright | 11 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Math

What does Bitcoin do? To understand Bitcoin, it is necessary to understand what Bitcoin is designed to do, to be. Bitcoin

The measure of Justice
By Craig Wright | 10 Nov 2018 | Economics, Law & Regulation

Justice is simply the absence of injustice, injustice being the tangible force. Many seek to define justice on its own,

“Laissez-nous faire”
By Craig Wright | 09 Nov 2018 | Economics, Law & Regulation

Interventionist politics have played a growing role in all our economic lives. Each bailout is a step that is seldom

Bitcoin is not Anti State — it is Pro Honest government
By Craig Wright | 09 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Bitcoin is an open immutable ledger. It is not anonymous, it is private. There is a huge difference, and it

An invitation to treat
By Craig Wright | 08 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

An invitation to treat is distinct from an offer in that it is an indication of one party’s willingness to

Fixing OP_False
By Craig Wright | 08 Nov 2018 | Bitcoin & Blockchain Tech, Economics

Salvage, fixing OP_False, and more One of the flaws in the mangled version of Bitcoin we have today comes from the

Buy now, Pay later
By Craig Wright | 07 Nov 2018 | Economics

Murry Rothbard on harmful policy.. 1. Prevent or delay liquidation. Lend money to shaky businesses, call on banks to lend

Rent seeking in economics and Crypto
By Craig Wright | 07 Nov 2018 | Bitcoin & Blockchain Tech, Economics

Keynesianism and neo-Keynesian thought seem to be popular despite the fact it has never worked and is based on fallacies

The politics of rent seeking
By Craig Wright | 07 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Philosophy

Any government implementing a Keynesian policy simply “Keynesianizes” the economy. The effect is an economy that behaves precisely in the

Bitcoin is all about incentives
By Craig Wright | 06 Nov 2018 | Bitcoin & Blockchain Tech, Economics

There are people who try and tell you that Bitcoin is not about incentives or economics. The structure of Bitcoin

On the Minimum Wage
By Craig Wright | 06 Nov 2018 | Economics, Law & Regulation

A minimum-wage scheme is a tariff and price fixing method against people’s labour and ability to sell themselves freely. The

Coin burning for dummies
By Craig Wright | 04 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

There is a lot of misunderstanding on how money works. Many in the Bitcoin space think that scarcity of Bitcoin

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