the Essays

Blockchain Doesn’t Work. About halfway through a few of last year’s talks, I presented what I called “the new formula”. A […]

Whilst “blockchain people” are arguing about 1000 or 100k transactions per second, and in the process compromising the security & immutability […]

Bitcoin & the Internet: A comparison. Understanding why, let alone predicting where economic activity will congregate, is hard. It’s hard because […]

Introduction to Edition 1 “What important truth do very few people agree with you on?” Peter Thiel, Zero to One In […]

Bitcoin’s superpower: Immutability Immutable = Resistant to Change. To go ‘back in time’ and change one transaction on the Bitcoin Ledger, […]