Economics


Nation and State: Old Wine in New Bottles

By Craig Wright | 06 Oct 2020 | Economics, Law & Regulation, Philosophy

If you opt to believe Anderson (2016; originally 1991), it becomes necessary to concur with the notion that ancient great…

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The Myth of Bitcoin as a Voting System

By Craig Wright | 29 Sep 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

There lies an error in many people’s fundamental understanding of Bitcoin, and any blockchain system, that has been propagated by…

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Undermining Truth: The Rise of Fake News

By Craig Wright | 21 Sep 2020 | Economics, Law & Regulation

Truth in advertising is something that many people would call an oxymoron, but with the advent of social media, we…

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Bitcoin’s Model of Capitalism

By Craig Wright | 14 Sep 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Some people think that Bitcoin is a system designed to act outside of state and society. Others believe that it…

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On Talking

By Craig Wright | 04 Sep 2020 | Economics, Law & Regulation, Philosophy

I have been giving oral presentations for a long time. The methodology I used in learning the necessary skill has…

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What Proof-of-Work Is Used for (in Bitcoin)

By Craig Wright | 18 Aug 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Proof-of-work has become fetishised and overly worshipped by some in the ‘cryptocurrency communities’ and when it comes to Bitcoin. Their…

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Techno-Communism and the Desire for Socialism through Code

By Craig Wright | 22 Jun 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

One of the primary arguments made over and over throughout ‘blockchain communities’ comes with the concept of being owed a…

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The Right to Run a Node

By Craig Wright | 05 Jun 2020 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

The problem that exists in the Bitcoin environment today is reminiscent of society at large. For many years now, we…

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A Discourse on Nodes

By Craig Wright | 27 May 2020 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

The definition that has propagated around the description of a Bitcoin node has led to a rather cultish ‘quasi-religion’. I…

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Nodes, Hash Rate, and Signalling

By Craig Wright | 19 May 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Some people falsely think that the amount of hash rate is a security feature in itself. The error here stems…

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How the World Works; or, A Discourse on Fake News

By Craig Wright | 11 May 2020 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

In the Bitcoin and “cryptocurrency” space, and I use the term cryptocurrency loosely as practically none of the other systems…

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Money Is Time and Energy

By Craig Wright | 04 May 2020 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

Many falsely believe that by simply producing more money or redistributing it, we would all suddenly have more wealth. It…

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