Economics
Decentralised or just inefficient?
Let us do a little thought experiment. Later in the year, I’ll be talking about a way of doing serialised [...]
The “Perfect” Firewall….
Security is a story of economics. It is about risk. In my time in the industry, I’ve worked for a [...]
We don’t want to lead with “anonymous”
One thing I’ve learnt during my time with Bitcoin is how important it is to choose your words carefully. Privacy [...]
Bitcoin is not against banks
Forget the lies you have been told about Bitcoin. Bitcoin doesn’t stop banking, it doesn’t even stop central banks. In [...]
Patent wars…
Blockstream raised USD60 million on the promise of 2 patents. The patents are: Cryptographically concealing amounts transacted on a ledger [...]
Forget anonymity
The Fifth Anti-Money Laundering Directive (“MLD5”) was published in the Official Journal of the EU on 19th June, 2018, and [...]
Satoshi Nakamoto
Satoshi Nakamoto is an amalgamation of 富永 仲基 (Tominaga Nakamoto) and Ash Ketchum (サトシ; Satoshi). The name wasn’t something that [...]
Decentralised planning
Governments cannot take into account wide-scale effects. You may ask why central planning always fails. No person, department, or other [...]
Peer-to-peer digital electronic cash
Bitcoin is not a cryptocurrency. Too many people get it wrong. As the white paper explains, Bitcoin is a peer-to-peer [...]
Why Lightning will never be currency, and why BSV matters
Under the provisions of FinCEN, any exchange accepting and transmitting virtual currency is a money transmitter [1]. The law is [...]
The labour fallacy of mining
I have noted a good number of people hold on to the same common fallacy as was promoted by Marx. [...]
Lessons in monetary terms
The general understanding of money and finance is incredibly limited. I started to notice that people would quote authors where [...]