Mempool | Satoshi says 2017-07-29T00:00:00Z Werkzeug Against the Minimum Majority Measure 2017-07-29T00:00:00Z 2017-07-28T00:00:00Z David Harding I personally suspect that Bitcoin’s steadily improving privacy will prevent us from ever measuring decentralization in a truly objective way. Losing easy quantification but gaining stronger privacy seems like a good tradeoff to me.<br><br><a href=''>Read more...</a> Why the Bitcoin Dominance Index is Deceiving 2017-05-08T00:00:00Z 2017-05-08T00:00:00Z Jimmy Song Like with most things, Bitcoin Dominance is a very crude metric and one that’s unfortunately very easy to manipulate. The recent enthusiasm for ICOs has made the manipulation even worse and continues to hide the fact that Bitcoin is doing really well.<br><br><a href=''>Read more...</a> Crashes and Hyperinflation 2017-01-08T00:00:00Z 2017-01-08T00:00:00Z Daniel Krawisz This article is about how money interacts with the rest of the economy after it has matured and about how mismanagement by an issuer can cause it to fail.<br><br><a href=''>Read more...</a> Who Controls Ethereum? 2016-08-07T00:00:00Z 2016-08-07T00:00:00Z Daniel Krawisz If it became easier for people to trade different forks of the same currency, then investors could get direct experience with different ideas without endangering the network.<br><br><a href=''>Read more...</a> It's Not About the Technology, It's About the Money 2016-07-13T00:00:00Z 2016-07-13T00:00:00Z Daniel Krawisz If someone says “blockchain tech” to you, you might as well walk away right there. They’re just trying to sell you on their new decentralized crowdfunded blockchain tech internet of bitthings appscam.<br><br><a href=''>Read more...</a> Ethereum is Doomed 2016-06-20T00:00:00Z 2016-06-20T00:00:00Z Daniel Krawisz I fully support the attacker’s actions, and I wish I had thought of it first.<br><br><a href=''>Read more...</a> Proof That Proof-of-Work is the Only Solution to the Byzantine Generals' Problem 2015-11-17T00:00:00Z 2014-05-23T00:00:00Z Oleg Andreev If achieving consensus in a non-trust manner is ever possible in practice, then it is only possible with a Proof-of-Work scheme and highly specialized expensive production chains.<br><br><a href=''>Read more...</a> Who Controls Bitcoin? 2015-02-08T00:00:00Z 2015-02-08T00:00:00Z Daniel Krawisz Bitcoin upgrades must be a clear improvement to Bitcoin as an investment or else they face a sharp uphill battle to adoption.<br><br><a href=''>Read more...</a> Bitcoin as a Store of Value, Unit of Account, and Medium of Exchange 2015-01-12T00:00:00Z 2015-01-12T00:00:00Z Daniel Krawisz Bitcoin has the right properties for the world’s money, and the more the world comes to terms with this, the more stable it will become.<br><br><a href=''>Read more...</a> The Fappening — Brought to You By The Information Marketplace 2015-01-06T00:00:00Z 2014-09-03T00:00:00Z Daniel Krawisz Bitcoin makes conspiratorial group cohesion more difficult. If the Fappening took place as I described, then this effect is right at the center. The possibility of getting bitcoins by releasing secrets caused the group to fall apart.<br><br><a href=''>Read more...</a> Bitcoin’s Compound Rewards 2015-01-05T00:00:00Z 2014-10-25T00:00:00Z Daniel Krawisz The difference between Bitcoin and a Ponzi scheme is that in a Ponzi scheme, the early adopters benefit by cashing out. With Bitcoin, there is no reason ever to cash out.<br><br><a href=''>Read more...</a> Babysitting Bitcoin Skeptics: A Response to Krugman and Gobry 2015-01-04T00:00:00Z 2014-11-30T00:00:00Z Daniel Krawisz Krugman’s article and Gobry’s follow-up are confused, do not establish their case, and say nothing about Bitcoin.<br><br><a href=''>Read more...</a> Don’t Panic 2015-01-03T00:00:00Z 2014-11-22T00:00:00Z Daniel Krawisz Working in the Bitcoin world is like working for a drug addict with bipolar disorder.<br><br><a href=''>Read more...</a> The Two Ideologies in Bitcoin 2015-01-02T00:00:00Z 2014-10-04T00:00:00Z Daniel Krawisz There are two ideologies in the Bitcoin world. They are not political ideologies; they are different visions of Bitcoin’s place in the world and how adoption will happen.<br><br><a href=''>Read more...</a> Meditations on Cypherpunk Nightmares 2014-12-24T00:00:00Z 2014-12-24T00:00:00Z Michael Goldstein Protecting ourselves from the dangers of crypto-anarchy requires embracing it even more fully and internalizing and practicing the virtues that have helped great men weather the storms of life since antiquity.<br><br><a href=''>Read more...</a> The Legacy of the Dread Pirate Roberts 2014-11-08T00:00:00Z 2014-07-10T00:00:00Z Daniel Krawisz All Bitcoin entrepreneurs today build on top of the success of the Silk Road. Their work was made possible by his.<br><br><a href=''>Read more...</a> Real Crypto-Anarchy Without Anonymity 2014-10-02T00:00:00Z 2013-12-28T00:00:00Z Oleg Andreev Bitcoin raises the cost of many kinds of attacks, going far beyond protecting against central banks meddling with money supply.<br><br><a href=''>Read more...</a> Bitcoin Is Great, But It Won’t Fix Our Monkey Brains 2014-09-30T00:00:00Z 2014-06-10T00:00:00Z Andrea Castillo Bitcoin provides us alternatives to compelled trust in monopolies but it can never obviate the need for trusted human connections. Nor can it protect us from our own pesky brain bugs’ ambiguous filters on perceived reality.<br><br><a href=''>Read more...</a> Everyone's a Scammer 2014-09-11T00:00:00Z 2014-09-11T00:00:00Z Michael Goldstein There is a war going on for your bitcoins, and willpower is your only defense.<br><br><a href=''>Read more...</a> Bitcoin: Killer of Nietzschean Nihilism 2014-07-04T00:00:00Z 2014-04-29T00:00:00Z Peter Dushenski Only Bitcoin can restore the necessary balance between the Gods. Only Bitcoin can give us life.<br><br><a href=''>Read more...</a> Speculative Attack 2014-07-04T00:00:00Z 2014-07-04T00:00:00Z Pierre Rochard Bitcoin will overtake weak currencies like the dollar through speculative attacks and currency crises, not through the careful evaluation of tech journalists and 'mainstream consumers'.<br><br><a href=''>Read more...</a> Bitcoin's Shroud of Subtlety and Allure 2014-06-29T00:00:00Z 2014-06-29T00:00:00Z Daniel Krawisz Potential Bitcoin attackers are in a Prisoner's Dilemma. In the same way that the people cannot easily rebel against the king owing to a lack of coordination on their part, governments cannot rebel against Bitcoin for the same reason. The government puts the people in a Prisoner's Dilemma against one another, and Bitcoin does the same to government agents.<br><br><a href=''>Read more...</a> Bitcoin's Rugged Individualism 2014-06-29T00:00:00Z 2014-06-29T00:00:00Z Daniel Krawisz There is a fundamental agency problem with Bitcoin: agents can disappear or simulate a heist upon themselves. They cannot rationally be trusted without extreme costs being imposed on them which are more stringent than traditional banks.<br><br><a href=''>Read more...</a> Anarchist Strategy 2014-06-12T00:00:00Z 2014-06-12T00:00:00Z Daniel Krawisz The strength of the state is the perception of strength. No matter how vast and powerful it appears, the state can always be destroyed in a moment.<br><br><a href=''>Read more...</a> Appcoins Are Snake Oil 2014-05-24T00:00:00Z 2014-05-24T00:00:00Z Daniel Krawisz Appcoins are a terrible idea.<br><br><a href=''>Read more...</a> The Correct Strategy of Bitcoin Entrepreneurship 2014-05-16T00:00:00Z 2014-05-16T00:00:00Z Daniel Krawisz Don't be a venture capitalist—be a speculative philanthropist.<br><br><a href=''>Read more...</a> Bitcoin is the Best Unit of Account 2014-05-10T00:00:00Z 2014-05-10T00:00:00Z Daniel Krawisz Someone still lost in the dollar world looks at Bitcoin and sees wild and extreme volatility, whereas someone in Bitcoin looking back at the dollar sees the worst and longest economic crash in history.<br><br><a href=''>Read more...</a> How We Know Bitcoin Is Not a Bubble 2014-05-03T00:00:00Z 2014-05-03T00:00:00Z Daniel Krawisz The difference between money and a bubble is that a commodity whose price is a bubble actually has some underlying value.<br><br><a href=''>Read more...</a> How to Market Bitcoin 2014-04-26T00:00:00Z 2014-04-26T00:00:00Z Daniel Krawisz Does Bitcoin need to be sanitized and separated from its anarchist, black-market roots in order to become acceptable to the general population? Absolutely not!<br><br><a href=''>Read more...</a> Hyperbitcoinization 2014-03-29T00:00:00Z 2014-03-29T00:00:00Z Daniel Krawisz Government currencies will rapidly lose value as Bitcoin supplants it. What will such an event be like and how can it be understood economically?<br><br><a href=''>Read more...</a> The Coming Demise of the Altcoins (And What You Can Do to Hasten It) 2014-03-14T00:00:00Z 2014-03-14T00:00:00Z Daniel Krawisz What falleth, that shall one also push!<br><br><a href=''>Read more...</a> Bitcoin Has No Image Problem 2014-02-25T00:00:00Z 2014-02-25T00:00:00Z Daniel Krawisz The best way to improve Bitcoin’s image is simply to improve the Bitcoin economy.<br><br><a href=''>Read more...</a> I'm Hoarding Bitcoins, and No You Can't Have Any 2014-02-12T00:00:00Z 2014-02-12T00:00:00Z Daniel Krawisz The real hero is the hoarder.<br><br><a href=''>Read more...</a> Why Bitcoin Will Continue to Grow 2014-02-01T00:00:00Z 2014-02-01T00:00:00Z Daniel Krawisz For now at least, Bitcoin’s present trend is self-reinforcing with no equilibrium in sight.<br><br><a href=''>Read more...</a> I Love Bitcoin's Volatility 2014-01-28T00:00:00Z 2014-01-28T00:00:00Z Daniel Krawisz Those who worry about Bitcoin’s volatility fail to understand what it actually means for Bitcoin.<br><br><a href=''>Read more...</a> Why Anarchy? 2013-12-31T00:00:00Z 2013-12-31T00:00:00Z Daniel Krawisz Anarchism is not extremism: it is simply correct.<br><br><a href=''>Read more...</a> Mastercoin is a Nightmare of Insanity 2013-12-20T00:00:00Z 2013-12-20T00:00:00Z Daniel Krawisz No one should ever use Mastercoin under any circumstances or appraise their value as anything above zero.<br><br><a href=''>Read more...</a> The Bitcoin Central Bank's Perfect Monetary Policy 2013-12-15T00:00:00Z 2013-12-15T00:00:00Z Pierre Rochard The Bitcoin Central Bank will be the longest lasting institution of its kind thanks to the anti-fragile independent monetary policy it has set in stone.<br><br><a href=''>Read more...</a> The Problem with Altcoins 2013-08-22T00:00:00Z 2013-08-22T00:00:00Z Daniel Krawisz In short, the altcoin phenomenon is the product of greed and bounded rationality.<br><br><a href=''>Read more...</a> The Original Value of Bitcoins 2013-07-02T00:00:00Z 2013-07-02T00:00:00Z Daniel Krawisz Once it was known that bitcoin could be sold, even for a pittance, new possibilities opened up.<br><br><a href=''>Read more...</a> The Proof-of-Work Concept 2013-06-24T00:00:00Z 2013-06-24T00:00:00Z Daniel Krawisz Proof-of-work should not be seen as a mysterious or wasteful system, but as something functional, natural, and potentially of value for the design of any communication protocol.<br><br><a href=''>Read more...</a> Crypto-Anarchy and Libertarian Entrepreneurship - Chapter 4: The Risk from the Software Industry 2013-06-05T00:00:00Z 2013-06-05T00:00:00Z Daniel Krawisz Stay one step ahead of the government and don’t get embroiled in politics.<br><br><a href=''>Read more...</a> Crypto-Anarchy and Libertarian Entrepreneurship - Chapter 3: The Killer App of Liberty 2013-05-29T00:00:00Z 2013-05-29T00:00:00Z Daniel Krawisz If Bitcoin becomes money, the government’s control of money will have ended.<br><br><a href=''>Read more...</a> Crypto-Anarchy and Libertarian Entrepreneurship - Chapter 2: Public-Key Cryptography 2013-05-24T00:00:00Z 2013-05-24T00:00:00Z Daniel Krawisz Public-key cryptography is the greatest tool of liberty ever devised.<br><br><a href=''>Read more...</a> Crypto-Anarchy and Libertarian Entrepreneurship - Chapter 1: The Strategy 2013-05-22T00:00:00Z 2013-05-22T00:00:00Z Daniel Krawisz With cryptography, one libertarian inventor can create an entire libertarian society.<br><br><a href=''>Read more...</a> Fractional Reserve Banking is Obsolete 2013-02-22T00:00:00Z 2013-02-22T00:00:00Z Pierre Rochard There is no reason to deposit your money with a 3rd party. Bitcoin makes fractional reserve banking an obsolete technology.<br><br><a href=''>Read more...</a> End the Fed: Hoard Bitcoins 2013-02-19T00:00:00Z 2013-02-19T00:00:00Z Pierre Rochard Low transaction costs make Bitcoin the most competitive medium of exchange in humanity’s history, and it may be the case that a currency with even lower transaction costs is theoretically impossible.<br><br><a href=''>Read more...</a> Working and Saving are Revolutionary Acts 2012-12-24T00:00:00Z 2012-12-24T00:00:00Z Pierre Rochard New capital formation is the impetus for two trends that push the equilibrium of all industries towards decentralized markets: increasing technological sophistication and a deepening of the division of labor.<br><br><a href=''>Read more...</a>