by Guy | Jun 15, 2020 | Game theory, Philosophy
“authority, not truth makes legitimacy… it is truth, not authority that makes legitimacy with Bitcoin.” – Erik Cason Today we dive into a fascinating piece at cryptosovereignty.org by Erik Cason diving into the very concept of sovereignty, and how Bitcoin,...
by Guy | Jun 15, 2020 | Finance, Game theory
“The world’s national currencies will offer Bitcoin only a sputtering resistance — more in word than deed — and they’ll dwindle into irrelevance as their defenders fail to defend, their battlements go unmanned, and the central banks’ centers will not...
by Guy | Feb 21, 2020 | Fundamentals, Game theory
“By design, Bitcoin exists beyond governments. […] The architecture of bitcoin is practically purpose-built to resist and immunize any attempts by governments to ban it.” – @parkeralewisThe next in the Gradually, Then Suddenly series not to be...
by Guy | Dec 3, 2019 | Beginner, Game theory
Merchants are scammers, Keynesians are scammers, altcoins are scammers, Bitcoin “investments” are scammers, scammers are scammers, and even Bitcoin hoarders are scammers. Everyone’s a scammer. There is a key list of works that are simply the...
by Guy | Dec 3, 2019 | Energy, Game theory
… And one of the greatest natural subsidies for renewable energy we could’ve asked for. Today we hit a piece by Daniel Wingen. A thorough breakdown of the essence of mining, the necessity of its energy expenditure, the incentives for efficiency and...
by Guy | Dec 3, 2019 | Conversations, Game theory
Everything that defines the Bitcoin network is in the validation rules, and the nodes are its enforcers. An impenetrable fortress of validation. Because it deserves an episode of its own, today we read @StopandDecrypt’s excellent breakdown of the...
