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What now Bitcoin?

Bitcoin & other cryptos have taken a sharp nosedive of ~33% from peak.  Although it may rally short-term, let’s take a look at the...
apolloslater
1 min read

Economics of merge mining

A common argument for the unique value of bitcoin is its hash power, meaning the amount of computational power (miners) dedicated to mining bitcoin....
apolloslater
1 min read

Bitcoin’s dubious utility value

Bitcoin fanbois point to bitcoin’s utility as a payment network. But, unlike Visa, holders of bitcoin don’t get any of the mining revenues, so...
apolloslater
1 min read

Tether collapse scenario

Current situation with dumb money buying BTC: Tether prints tethers to buy bitcoin BTC-USDT price skyrockets Arbitrage bots buy BTC-USD, because everyone assumes 1...
apolloslater
1 min read

End the founding myth

What made this nation great was not the constitution imposed on it or the fake revolution against British rule. It was the relative lack...
apolloslater
36 sec read

Secession misses the point

Secession, as a means to anarchy, misses the point.   Peaceful secession is simply a rearrangement of the political structure to one that is...
apolloslater
49 sec read

Bitcoin’s paper price bump

What’s behind Bitcoin’s recent price increase? I’ll tell you — and it’s not Bitcoin’s utility as a currency, or wonderful investment opportunity.   Bitfinex...
apolloslater
34 sec read

Alt-coins are vulnerable to attack

The strength of a cryptocurrency is the share of global processing power it can muster in service of its ledger.  An attack by a...
apolloslater
1 min read

Liberty pioneers: showing the world how to live without…

Libertarians living off tax money is unethical, but it’s an even bigger practical problem. It shows that living without the government teat is impossible, that...
apolloslater
51 sec read

Ethics of receiving government money

I had a couple of objections to my argument that living off the government is unethical. First, if accepting a government wage is unethical,...
apolloslater
1 min read