Economics
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...
A common argument for the unique value of bitcoin is its hash power, meaning the amount of computational power (miners) dedicated to mining bitcoin....
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...
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...
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...
The strength of a cryptocurrency is the share of global processing power it can muster in service of its ledger. An attack by a...
All “cryptocurrencies” based on artificial limits are inherently pump-and-dump schemes. If they were true free market currencies, the money supply would grow with demand....
Continuing on part 1 and part 2 in our series on intellectual property, today we look at why the social value of patents is...
This post is an edited collection of my responses to James Corbett’s interview of Ken Shishido on Bitcoin. Bitcoin was an interesting experiment in...
This is a continuation of the series on why capital concentration is the result of government, not of the free market. Occupational licensing is...
