Economics
Fixing OP_False
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
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
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
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
There are people who try and tell you that Bitcoin is not about incentives or economics. The structure of Bitcoin
On the Minimum Wage
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
There is a lot of misunderstanding on how money works. Many in the Bitcoin space think that scarcity of Bitcoin
Markets and imperfections
George Akerlof did us a great disservice with his unscientific rhetoric. A market for lemons and other market failures seem
Exporting Wealth
Let us investigate a centralised push to “export agriculture and industrial products, reverting to tangible goods production”, as is suggested
Tax and Bitcoin — Transacting and accounting for Bitcoin
Just as with all income and capital taxation issues, Bitcoin-based transactions require that suitable record-keeping practices are adhered to.
The Legacy of Keynesian Money
Central governments are and remain a net supplier of macroeconomic instability. This is a direct result of the institutions and
Tax and Bitcoin — Investment in Bitcoin
Investment in Bitcoin should be treated as any other investment in an emolument, “which could be converted into money might