Economics


The Anarchist Fallacy

By Craig Wright | 17 Jun 2021 | Economics, Law & Regulation, Philosophy

A major fallacy of the anarchist idea that we can create a free society using assassination markets derives from transaction…

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The Source of Dignity

By Craig Wright | 21 May 2021 | Economics, Law & Regulation, Philosophy

It is common to see reflections on dignity and many individuals who have never been poor reflect on helping others….

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The King’s Wi-Fi

By Craig Wright | 05 May 2021 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

The proof-of-work definition that I used in describing how Bitcoin solved the Byzantine generals problem [1], when questioned by James…

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Offline Addressing

By Craig Wright | 23 Apr 2021 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

When I initially launched Bitcoin in 2009, I noted two ways of sending bitcoin [1]: There are two ways to…

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The Short versus the Long Term?

By Craig Wright | 03 Mar 2021 | Economics, Law & Regulation, Philosophy

All positive social change comes at a cost. Many executives of current organisations attempt to argue that the very reason…

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Strategic Advantage and Finding Opportunities

By Craig Wright | 11 Jan 2021 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

Size creates its own form of advantage. Walmart leveraged the long-tail effect in the same way that Amazon has done…

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Cot Death in the Nanny State

By Craig Wright | 06 Jan 2021 | Economics, Law & Regulation, Philosophy

When the Covid-19 outbreak first began, Sweden decided to take a more laissez-faire approach to handle the spread of the…

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Bitcoin and Tax

By Craig Wright | 31 Dec 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

There is a common myth that Bitcoin will allow individuals to avoid paying tax. It could not be further from…

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Refuting “Conflict can only be resolved when both parties are prepared to compromise”

By Craig Wright | 16 Dec 2020 | Economics, Law & Regulation, Philosophy

Humans are naturally inclined to seek compromise (Baume & Novak, 2020, pp. 70–71), which is a well-studied psychological condition (Radosavljevic,…

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Bitcoin Was Never Designed To Be Censorship-Resistant

By Craig Wright | 06 Dec 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

You will never find a statement from me in my persona of Satoshi saying that Bitcoin was designed for ‘censorship…

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The Casualties of Attacking the Market

By Craig Wright | 24 Nov 2020 | Economics, Law & Regulation, Philosophy

Aristotle characterized envy as anguish at the prospect of another’s good fortune which is provoked by “those who have what…

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The Myth of Complete Knowledge

By Craig Wright | 17 Nov 2020 | Economics, Law & Regulation, Philosophy

The journal articles written by Jones (2003) and Cairney (2012) seem very different at face value, but we can see…

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