The Information Theory of Money

The Information Theory of Money

“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...
Bitcoin is Not Backed by Nothing

Bitcoin is Not Backed by Nothing

“To provide broader context, the Federal Reserve, the Bank of Japan and the European Central bank have collectively created $10 trillion dollars-worth of new money since the financial crisis, the equivalent of approximately $500,000 per bitcoin. Despite dollars,...
Bitcoin, Not Blockchain

Bitcoin, Not Blockchain

Next up in the Gradually, Then Suddenly series by Parker Lewis and available on the incredible blog over at unchained-capital.com is “Bitcoin, Not Blockchain.” There is nothing about blockchain that makes it inherently immutable. Immutability emerges over...
Bitcoin, Not Blockchain

Bitcoin Fixes This

An economy leveraged 150:1A spiraling tower of debts to pay for our previous debtsCentral Banks repeating the same policies that caused our problems as their solutionsThe confiscation through counterfeit of $Trillions in economic productionMassive distortions of the...
Bitcoin, Not Blockchain

Bitcoin is Not Too Slow

The 5th installment of the always fascinating “Gradually, then Suddenly” series from Parker Lewis and Unchained Capital.  What is the real problem that Bitcoin solves, and how does it compare to the alternatives? Are mass payments an impossible...