Economics


Decentralised or just inefficient?
By Craig Wright | 26 Apr 2019 | Bitcoin & Blockchain Tech, Economics

Let us do a little thought experiment. Later in the year, I’ll be talking about a way of doing serialised [...]

The “Perfect” Firewall….
By Craig Wright | 20 Apr 2019 | Bitcoin & Blockchain Tech, Economics

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”
By Craig Wright | 17 Apr 2019 | Bitcoin & Blockchain Tech, Economics

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…
By Craig Wright | 13 Apr 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Blockstream raised USD60 million on the promise of 2 patents. The patents are: Cryptographically concealing amounts transacted on a ledger [...]

Forget anonymity
By Craig Wright | 10 Apr 2019 | Economics, Law & Regulation

The Fifth Anti-Money Laundering Directive (“MLD5”) was published in the Official Journal of the EU on 19th June, 2018, and [...]

Satoshi Nakamoto
By Craig Wright | 05 Apr 2019 | Bitcoin & Blockchain Tech, Economics

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
By Craig Wright | 03 Apr 2019 | Bitcoin & Blockchain Tech, Economics

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
By Craig Wright | 25 Feb 2019 | Economics, Law & Regulation

The general understanding of money and finance is incredibly limited. I started to notice that people would quote authors where [...]

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