The Political Theology of Bitcoin

The Political Theology of Bitcoin

“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,...
The Bitcoin v Govt War is Vaporware

The Bitcoin v Govt War is Vaporware

“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...
Bitcoin Cannot be Banned

Bitcoin Cannot be Banned

“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...
Everyone’s a Scammer

Everyone’s a Scammer

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...
Bitcoin’s Energy Consumption is a Necessity

Bitcoin’s Energy Consumption is a Necessity

… 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...
Invalid Blocks Need Not Apply

Invalid Blocks Need Not Apply

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...