Economics
Work Is Infinite…
Many in Silicon Valley and others like to promote the false concept of artificial intelligence (AI) and, specifically, how AI [...]
A Fundamental Misunderstanding
A few weeks ago, at CC Forum in London, Bobby Lee asked me to review his new product called Ballet. [...]
Bitcoin Fights Corruption
The battle for Bitcoin is very simple, and it goes right back to the days before I launched it. My [...]
If Gold Turned to Lead
“Imagine if gold turned to lead when stolen. If the thief gives it back, it turns to gold again…” Bitcoin [...]
Simplified Payment Verification
In the Bitcoin white paper, I specified how it is possible to verify payments without running a full network node. [...]
Satoshi’s Vision: The Art of Bitcoin
The book Satoshi’s Vision: The Art of Bitcoin is the product of a compilation of a selected number of Craig’s [...]
Human Rights and Property
The most fundamental of human rights is the right to hold property. There are many who would argue the same, [...]
Bitcoin Is Anything BUT Anonymous
In section 9 of the Bitcoin white paper, I defined the notion of a new privacy model. In my paper, [...]
The Myth of Anti-Competitive Pricing
Introduction Posner (1968: 1563–4) upholds the position where diverse markets act outside the whims of individual players. The distinction lies [...]
How Keynes Failed To Comprehend Say’s Law
John M Keynes tried to make Say’s law into the fundamental issue defining macroeconomics. I believe that economics everywhere up [...]
The Gini Inequality Flaw
I have the Gini index touted as a constant error in the statements that I make that the US is [...]
Quota
A quota system is an anathema to free enterprise. The perverse belief that quotas would be economically viable for any [...]