Economics


If Gold Turned to Lead
By Craig Wright | 21 Oct 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

“Imagine if gold turned to lead when stolen. If the thief gives it back, it turns to gold again…” Bitcoin

Simplified Payment Verification
By Craig Wright | 09 Oct 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

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
By Craig Wright | 03 Sep 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

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
By Craig Wright | 01 Sep 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

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
By Craig Wright | 30 Aug 2019 | Economics, Law & Regulation

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
By Craig Wright | 16 Aug 2019 | Economics, Law & Regulation

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
By Craig Wright | 12 Aug 2019 | Economics, Law & Regulation

I have the Gini index touted as a constant error in the statements that I make that the US is

Quota
By Craig Wright | 07 Aug 2019 | Economics, Law & Regulation

A quota system is an anathema to free enterprise. The perverse belief that quotas would be economically viable for any

The Imbalance of Payments
By Craig Wright | 05 Aug 2019 | Alternative Coins & Systems, Economics, Math

It has commonly come to be believed that what is generally associated with the fallacy known as the “balance of

Subsidised Growth
By Craig Wright | 29 Jul 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

When I started the Bitcoin network, the Bitcoin-Qt client was designed to both mine and act as a wallet. As

Zeno’s Paradoxes and Bitcoin
By Craig Wright | 26 Jul 2019 | Bitcoin & Blockchain Tech, Economics, Philosophy

A part of the reason for the number of bitcoin relates to a simple sequence that allows you to see

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