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Human-centered religion does not work

Human-centered religion does not work, because it is not the truth. True faith is God-centered. Be wary if you’re receiving religious teachings that are centered around ‘human improvement’, be it self-improvement or improvement of others. The fact that such teachings come with a religious cover by acknowledging that we shall do it with some help from God does not change the human-centered nature of the teachings. We yearn for eternity because “we will see God”… Read More »Human-centered religion does not work

Bitcoin and cybernetics

Bitcoin since its creation has had an unfortunate history. Presently, Bitcoin blockchain has multiple forks including Bitcoin Core (BTC) and Bitcoin Satoshi Vision (BSV), the former representing a speculative asset and having the largest market cap, while the latter focusing on actual utility according to the Satoshi’s vision and staying away from the speculative crypto...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
Introduction
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
Introduction
(coming soon)

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BTC is a political system

Bitcoin was invented as an economic system on open market principles, but BTC turned it into a political system, and a communism-leaning one in particular. Three major indicators: 1. Mining nodes are not allowed to take transactions inflow freely even if the transactions are legit according to the protocol. Note: This should not be simply...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
Introduction
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
Introduction
(coming soon)

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Why is the real Satoshi so feared and hated?

Here’s the truth: Australian/UK polymath Dr. Craig S. Wright is Satoshi Nakamoto, the inventor of Bitcoin. See Mathematical proof that Dr. Craig S. Wright is Satoshi Nakamoto. But most people in the crypto world still refuse to recognize this identity. The strongest reason behind the objection to Wright’s Satoshi identity arises from emotional conditions and reactions:  jealousy, fear,...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
Introduction
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
Introduction
(coming soon)

Already a member? Log in here

The federal policies on banks issuing dollar-denominated tokens

Board of Governors of the Federal Reserve System (Board) has made a policy statement on banks issuing dollar-denominated tokens: The Board generally believes that issuing tokens on open, public, and/or decentralized networks, or similar systems is highly likely to be inconsistent with safe and sound banking practices. The Board believes such tokens raise concerns related to operational, cybersecurity, and run risks, and may also present significant illicit finance risks, because—depending on their design—such tokens could… Read More »The federal policies on banks issuing dollar-denominated tokens

Digital assets are subject to property laws

Can a court of law order bitcoin to be moved from one address to another without having the private key of the first address? If the analog equivalent of this question was asked with regard to a conventional property, the answer is clearly yes, not even worth a debate. When it comes to a digital...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
Introduction
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
Introduction
(coming soon)

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Republic, democracy and demagoguery

The word ‘democracy’ has broad meaning, and really isn’t the right word for some of the political contexts debating over the question whether ‘the US is a republic or democracy’. The more accurate expression is that ‘the US is a republic not a demagoguery’. Let’s separate “what it should be” from “what it really is”, and further “what it really is” from “what it was”. These are different things. There is simply no valid dispute… Read More »Republic, democracy and demagoguery

The two dimensional Orwellian / Huxleyan vector space

In his book “Amusing Ourselves to Death”, Neil Postman compared Orwell and Huxley: What Orwell feared were those who would ban books. What Huxley feared was that there would be no reason to ban a book, for there would be no one who wanted to read one. Orwell feared those who would deprive us of information. Huxley feared those who would give us so much that we would be reduced to passivity and egoism. Orwell… Read More »The two dimensional Orwellian / Huxleyan vector space

The myth of ‘Selfless Satoshi’

The ‘selfless Satoshi’ was a myth created by selfish people to serve their own purposes. Their purposes are very different from Satoshi’s purpose of serving the mankind as a whole. ‘Satoshi gave up all his rights on Bitcoin and gifted it all to us so that we can do whatever we want’ is the claim....

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
Introduction
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
Introduction
(coming soon)

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The Digital Dollar Project

The Digital Dollar Project's Whitepaper 2.0 represents a progress in realizing that the US CBDC is not going to be a new kind of money, but just a new kind of currency. Money is value agreement, while currency is value transmission technology. See Money & Currency.

It is also good in making the distinction between a 'bearer instrument' and 'account-based credit money'.

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
Introduction
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
Introduction
(coming soon)

Already a member? Log in here