Economics


Nation and State: Old Wine in New Bottles
By Craig Wright | 06 Oct 2020 | Economics, Law & Regulation, Philosophy

If you opt to believe Anderson (2016; originally 1991), it becomes necessary to concur with the notion that ancient great

The Myth of Bitcoin as a Voting System
By Craig Wright | 29 Sep 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

There lies an error in many people’s fundamental understanding of Bitcoin, and any blockchain system, that has been propagated by

Undermining Truth: The Rise of Fake News
By Craig Wright | 21 Sep 2020 | Economics, Law & Regulation

Truth in advertising is something that many people would call an oxymoron, but with the advent of social media, we

Bitcoin’s Model of Capitalism
By Craig Wright | 14 Sep 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Some people think that Bitcoin is a system designed to act outside of state and society. Others believe that it

On Talking
By Craig Wright | 04 Sep 2020 | Economics, Law & Regulation, Philosophy

I have been giving oral presentations for a long time. The methodology I used in learning the necessary skill has

What Proof-of-Work Is Used for (in Bitcoin)
By Craig Wright | 18 Aug 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Proof-of-work has become fetishised and overly worshipped by some in the ‘cryptocurrency communities’ and when it comes to Bitcoin. Their

Techno-Communism and the Desire for Socialism through Code
By Craig Wright | 22 Jun 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

One of the primary arguments made over and over throughout ‘blockchain communities’ comes with the concept of being owed a

The Right to Run a Node

The problem that exists in the Bitcoin environment today is reminiscent of society at large. For many years now, we

A Discourse on Nodes

The definition that has propagated around the description of a Bitcoin node has led to a rather cultish ‘quasi-religion’. I

Nodes, Hash Rate, and Signalling
By Craig Wright | 19 May 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Some people falsely think that the amount of hash rate is a security feature in itself. The error here stems

How the World Works; or, A Discourse on Fake News
By Craig Wright | 11 May 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

In the Bitcoin and “cryptocurrency” space, and I use the term cryptocurrency loosely as practically none of the other systems

Money Is Time and Energy

Many falsely believe that by simply producing more money or redistributing it, we would all suddenly have more wealth. It

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