The puzzle of the double hash
By Craig Wright | 30 Apr 2019 | Bitcoin & Blockchain Tech, Economics, Math

There is a long-standing puzzle within Bitcoin that has not yet been solved correctly: why did I use a double

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.

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