Economics


Taxing Bitcoin — Introduction.

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

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

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

Managing Blockchain Automata

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

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

DFA compilation and execution

We present an analysis of the establishment and execution of contractual agreements embodied as deterministic finite automata (DFA). The contract

Rights as property
By Craig Wright | 19 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

In its simplest form, a bitcoin transaction involves the creation of an entry in a ledger. The value on the

Monetary transfer and transmission rules
By Craig Wright | 18 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

The exchange of bitcoin for other currencies clearly comes under existing AML[1] regulations, and where an exchange[2] has been used

Blockchain-Based Decentralised Autonomous Corporations: An Overview
By Craig Wright | 17 Oct 2018 | Bitcoin & Blockchain Tech, Economics, Math

This document is intended to provide an overview on Decentralised Autonomous Corporations (DAC) based on the blockchain technology. Note, Bitcoin

Foreign-exchange considerations & Bitcoin
By Craig Wright | 17 Oct 2018 | Bitcoin & Blockchain Tech, Economics

The inherently international nature of Bitcoin lends its use to the requirement to account for foreign-exchange valuations. This does not

A codification scheme for state machines
By Craig Wright | 16 Oct 2018 | Alternative Coins & Systems, Economics, Math

We define a codification scheme for the states of deterministic finite automaton (DFA) [1]. Contrary to usual practice, the codification

Digital signature rules and their relationship to bitcoin
By Craig Wright | 16 Oct 2018 | Bitcoin & Blockchain Tech, Economics

UNCITRAL Model Law on Electronic Signatures with Guide to Enactment (2001) has been widely adopted. The Electronic Signature Law of

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