If you consider what most cryptocurrency proponents [2] are trying to do, you will see an attempt to exclude governments and rights and create a system that cannot be controlled outside the dictation of technocratic developers. Many criminal groups want such a scenario. Unfortunately for them, Bitcoin was designed to provide the opposite outcome. “Forking” a software branch is allowed under the MIT License. Both Litecoin (LTC) and Ethereum (ETH)…
Anarchy and the Foolish Belief in Assassination Markets
In 2008 and 2009, a group of people mistakenly thought that the world would be better off without banking. The
Statement of Dec 27, 2019
Recently, we have received many questions and seen much public conjecture about what will happen in January 2020 with bitcoin
Work Is Infinite…
Many in Silicon Valley and others like to promote the false concept of artificial intelligence (AI) and, specifically, how AI
Transparency and Government
There is an overwhelming amount of false information around Bitcoin and, in particular, on the topic of privacy or pseudonymous
Proof of Assignment
The Bitcoin blockchain is an immutable audit trail, which does not mean that money cannot be seized or that illicit
Digital Gold
It is interesting that a meme of digital gold has popped up around BTC over the last few years. The
A Fundamental Misunderstanding
A few weeks ago, at CC Forum in London, Bobby Lee asked me to review his new product called Ballet.
Merkle Trees and SPV
Merkle Trees By now, it should be well understood that Bitcoin utilises the concept of a Merkle tree to its
Bitcoin Fights Corruption
The battle for Bitcoin is very simple, and it goes right back to the days before I launched it. My
If Gold Turned to Lead
“Imagine if gold turned to lead when stolen. If the thief gives it back, it turns to gold again…” Bitcoin