Defending The Undefendable: The Censoring Miner
What do prostitutes, blackmailers, slumlords, and Bitcoin miners who censor transactions all have in common? What if I told you that they are modern-day heroes of the free market economy,…
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What do prostitutes, blackmailers, slumlords, and Bitcoin miners who censor transactions all have in common? What if I told you that they are modern-day heroes of the free market economy,…
Like most things, it’s hard to talk about the solution if we don’t properly define the problem first. So, let’s start there. Last week, Elon Musk and Andrew Ross Sorkin…
Satoshi Nakamoto is God and Bitcoin’s design is perfect. Or is it? There’s one feature of the protocol that keeps bugging me: the Halvening (halving, whatever). I’m sure Naka thought…
The nature of money is tragically one of the most unexamined and vital questions in modern society. Over the course of history, different monetary systems have risen and fallen as…
Marx tells us the revolution will be decentralized. The Have-nots will tire of the great inequity of capitalism, and the few thousand Haves will suffer from the worldwide rebellion they…
“It’s hard,” Harry Turtledove declared in 2001, in his Introduction to The Best Alternate History Stories of the 20th Century, “to write about the effects of technology before there’s much…
Well, let’s just say the launch of Ocean from the social perspective was anything but smooth. The decision to filter out transactions conducting inscriptions should have been communicated clearly on…
Individual voting, often considered a civic duty, has a statistically negligible impact on election outcomes. Studies show minimal difference between Republican and Democratic state governments on various policy outcomes. Politicians…
Photo Credit: Dirección de Obras Municipales (DOM) President Nayib Bukele of El Salvador has been granted a special license allowing him to temporarily step down from his presidential role to…
Bull runs are like wildfires: they need a combination of conditions to get started. A wildfire needs a long period of no rain, high temperatures and then high winds at…