Decentralised! Secured by math!
Bitcoiners hold that immunity to central control is so overwhelmingly important that it’s completely worth all that electricity wasted on…
The incredible promises of Bitcoin!
Nobody buys a toothbrush on the basis that the toothbrush market will go to the moon! (There hasn’t so far…
Austrian economics
The acceptable face of this conspiracy cluster is Austrian economics, first put together in its present form by Ludwig von…
The conspiracy theory economics of Bitcoin
The gold standard – an economy with a finite money supply – was accepted mainstream monetary policy up to the…
The prehistory of cryptocurrencies
Cryptographic money was first mooted by David Chaum in his 1982 paper “Blind Signatures for Untraceable Payments”12 and his 1985 paper…
Pre-Bitcoin anonymous payment channels
Peer-to-peer electronic payment services existed before Bitcoin. PayPal was explicitly intended to be an anonymous regulation-dodging money transmission channel, with…
Libertarianism and Cyberlibertarianism
Libertarianism is a simple idea: freedom is good and government is bad. The word “libertarian” originally meant communist and anarchist…
We saw bitcoin as a great idea, as a way to separate money from the state. – Roger Ver
The Bitcoin ideology propagated through two propositions: if you want to get rich for free, take on this weird ideology;…
Secured by waste: Proof of Work
So how do you decide who gets to write to the ledger? The answer is: competitive Proof of Work, where…
What you have when you have “a bitcoin”
Paper notes and metal coins are annoying and inconvenient, and we have the Internet now. So digital money sounds like…
