Economics


Equality

By Craig Wright | 15 Sep 2018 | Economics, Philosophy

Some argue that capitalism fails as it does not lead to equality. That is a fallacy we need to avoid….

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Keynesian flaws.

By Craig Wright | 14 Sep 2018 | Economics, Philosophy

Now, it is generally taken [1] by rational economists without an agenda (and even most of the honest ones with…

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The 1937 Crash

By Craig Wright | 13 Sep 2018 | Economics, Philosophy

Social security was the start of a crash every bit as large as the 1929 stock market correction. Yet, this…

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A diatribe on Bitcoin, Trust and the economy of security (redux)

By Craig Wright | 07 Sep 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

It was April 27th, 2013 when I first published an earlier version of this, and it is timely to start…

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Repudiation

By Craig Wright | 07 Sep 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Non-repudiation is the process of ensuring that the parties to a transaction cannot deny (this is repudiate) that a transaction…

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Death and taxes, it is time to kill off mythical beasts

By Craig Wright | 04 Sep 2018 | Bitcoin & Blockchain Tech, Economics, Philosophy

I have a hard lesson for many people within the bitcoin and crypto currency community and that is that tax…

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Banking on Bitcoin

By Craig Wright | 02 Sep 2018 | Bitcoin & Blockchain Tech, Economics

Banking on Bitcoin There is this myth around banking and bitcoin. Any quick search will show thousands of sites and people…

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Limited change to bring stability

By Craig Wright | 19 Aug 2018 | Bitcoin & Blockchain Tech, Economics

Something people fail to understand about bitcoin is it is intentionally limited in what it can do and how it…

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The cult of Decentralisation

By Craig Wright | 16 Aug 2018 | Bitcoin & Blockchain Tech, Economics

Bitcoin was first announced in 2008. After the software went live in early 2009 an announcement reinforcing the statements of…

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Money Must First Be Stable

By Craig Wright | 14 Aug 2018 | Bitcoin & Blockchain Tech, Economics, Math

I’m writing this in a more accessible format; that is a blog rather than an academic paper. Many people often…

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Negotiable Instruments

By Craig Wright | 02 Jul 2018 | Bitcoin & Blockchain Tech, Economics

From Simmons v. London Joint Stock Bank [1]; the House of Lords overturned the lower court on appeal to set…

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Lightning is malleable… Steel is not

By Craig Wright | 19 Jun 2018 | Bitcoin & Blockchain Tech, Economics

A little-known fact is that even Bitcoin is a security. The mistake is thinking that this is the issue. Bitcoin…

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