Many are still seeing bitcoin as just a currency, as just a transaction mechanism. Its underlying technology is far more than that. It has…
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Bitcoin, The Beginning Of Open Source Governance?
In my previous article on this site, “Bitcoin, Open Source Movement for Decentralized Future”, among many other issues I addressed some concern about the…
Read MoreBitcoin, Open Source Movement For Decentralized Future
It all started with a white paper published in 2008. An unknown innovator under the pseudonym Satoshi Nakamoto outlined an open source protocol for…
Read MoreWhy The Proposed New York Bitcoin Regulations Are Absolute, Total Bullshit
New York’s Department of Financial Services has presented draft regulations for bitcoin trade that are an absolute heap of bullshit, and that’s even before…
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Nothing New Under The Sun, Bitcoin Edition
I was invited to speak at Texas Bitcoin Conference in Austin this past week. Due to my house arrest, I’ve been largely staying low…
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Major Bitcoin Exchange Not Executing Withdrawals; Now Owes Clients $38M In Disappeared Money
MtGox, the oldest and once-largest bitcoin exchange, appears to have a serious problem. Since about a week ago, clients’ bitcoin withdrawals have been deducted…
Read MoreBitcoin's Real Revolution Isn't Hard Money, It's Economic Panarchy
The earth-shattering thing about bitcoin isn’t its fixed money supply. It’s not the carefully tuned algorithm that keeps its growth at a steady rate,…
Read MoreLa Vera Rivoluzione del Bitcoin non è il Denaro Solido, è la Panarchia Economica
La cosa sconvolgente dei bitcoin non è la sua quantità di moneta prefissata. Non è l’algoritmo accuratamente regolato che mantiene la sua crescita ad…
Read MoreBitcoins riktiga revolution är inte hårdvaluta, utan ekonomisk panarki
Den världsomvälvande saken gällande bitcoin är inte dess fasta penningmängd. Det är inte dess noga avstämda algoritm som håller dess tillväxt i jämn takt,…
Read MoreBitcoin's Vast Overvaluation Appears Partially Caused By (Usually) Illegal Price-Fixing
Bitcoin is soaring again. On examining the market size and market share for bitcoin, the valuation is unwarranted by several orders of magnitude comparing…
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