by Guy | Jan 10, 2020 | Economics, Liberty
“Prices are the coordinating force of a free market system. Each individual decision-maker can rely on the prices of goods and services to help with their decision making, as the prices themselves are a distillation of all known market information into a single...
by Guy | May 29, 2019 | Fundamentals, Game theory
Is Bitcoin’s security going to be unreliable, volatile, or could it even fail entirely when we lose the block subsidy? Or is #Bitcoin set to operate smoothly with a natural transition from newly minted bitcoin, to transaction fees? Exploring the security of...
by Guy | Jan 15, 2019 | Philosophy, Shitcoins
Taking a dive into an awesome tweetstorm from @danheld about the context, purpose, and beginnings of Bitcoin and whether it meets “Satoshi’s Vision,” or if it even matters. Follow Dan on Twitter and check out the full thread below:...
by Guy | Oct 24, 2018 | Fundamentals, Game theory
As Bitcoin continues to succeed against all odds, there are more and more claims of how its “unfair” that early investors have profited. Dan Held argues in an excellent summary that Bitcoin was, and still is, the fairest distribution possible. Today’s CryptoQuikRead!...
by Guy | Sep 21, 2018 | Energy, Technology
“The Cryptopocalypse is coming — Bitcoin’s (PoW) is so bad that it’s going to destroy the world in 2020!” -DanHeld Is Bitcoin’s energy consumption going to destroy the world… or not?Clap for the article on Den Held’s Medium page:...