the Essays

“The greatest danger to the state is independent, intellectual criticism” – Murray Rothbard   Why does Bitcoin matter? I wrote an […]

Prices reflect information “In a free market economic system, prices are knowledge, and the signals that communicate information. Prices are not […]

Bitcoiners reject inflation. We believe it represents a regressive, silent tax — slowly siphoning wealth from the average person to the […]

Bitcoin is everyone’s problem now Evey: Remember, remember the Fifth of November, the Gunpowder Treason and Plot. I know of no […]

How Bitcoin Thrives on the Edge between Order and Chaos Bitcoin works. No matter what other opinions you hold about this […]

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 […]